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Below the Quote on Gold and Silver 01st March 2026 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

“Gold and silver prices are set to remain highly volatile with gap up on the opening session tomorrow as the Middle East conflict involving renewed U.S. and Israeli military action against Iran — continues to dominate global risk sentiment.  A sharp escalation in hostilities, with coordinated strikes and retaliatory moves fueling uncertainty and diminishing hopes of a quick diplomatic resolution. This elevated geopolitical risk can drive investors toward traditional

safe-haven assets like gold and silver, and widely expecting a gap-up opening for bullion markets.

As global equities and risk assets come under pressure, capital tends to shift into precious metals, which act as a hedge against uncertainty. Earlier moves have already pushed gold and silver prices higher in recent sessions, and this momentum could continue if the conflict intensifies further. Energy markets are also responding, with crude oil prices rising on fears of supply disruption through key routes like the Strait of Hormuz, which further adds to risk-off sentiment and supports bullion interest. ?

However, the impact may not be uniform — if over the weekend there are diplomatic developments or indications of de-escalation, precious metals could see profit-taking after an initial spike of 3-6%."

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