Gold (XAU/USD) is locked in a tug of war as safe-haven demand from escalating Middle East tensions battles the hawkish rate outlook fueled by soaring oil prices. This analysis reviews the impact of the Iran strikes, reduced Fed rate cut expectations, and the potential G-7 oil reserve release. We also cover the technical setup as a breakout looms.
09-03-2026 15:32 GMT
by Zain Vawda