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Gold Prices Set to Surge Amid Rising Global Tensions

2/28/2026

49 12 Full Breakdown

Summary

Story summary

Gold futures are expected to maintain bullish momentum, according to Aiman Kamil Bin Ahmad Shauqi of RHB Retail Research.
Despite a narrow-body candlestick, the relative strength index signals higher prices, with spot at $5,185.08 per ounce and resistance at $5,500.
The move follows U.S.-Iran talks on Iran's nuclear program that ended without a deal, as tensions in the Middle East and Eastern Europe heighten risk aversion.

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Story summary

Gold futures are expected to maintain bullish momentum, according to Aiman Kamil Bin Ahmad Shauqi of RHB Retail Research.
Despite a narrow-body candlestick, the relative strength index signals higher prices, with spot at $5,185.08 per ounce and resistance at $5,500.
The move follows U.S.-Iran talks on Iran's nuclear program that ended without a deal, as tensions in the Middle East and Eastern Europe heighten risk aversion.