Gokhan Ergocun
03 March 2026•Update: 03 March 2026
ISTANBUL
Gold and silver prices showed massive volatility between Monday and Tuesday as investors reacted to escalating military conflicts in the Middle East.
The massive price jumps reflected a strong rush toward safe-haven assets among global investors.
On Monday, the price of gold surged past $5,400 per ounce after US and Israeli forces conducted joint military operations.
On Tuesday, gold prices dropped by 4.08% as of 1135GMT to around $5,100.
Silver followed a similar upward trajectory on the first day of the week, skyrocketing to $90 per ounce.
On Tuesday, silver prices dropped over 10% to $80.
