Analyst: Gold Price Outlook Positive Amid Rising Safe-Haven Demand

Key Takeaways:Gold prices edged higher in early Asian trading on Monday amid escalating Middle East tensions.Safe-haven demand is increasing as Israel-Iran conflict intensifies and U.S. involvement is suggested.Analysts say geopolitical risk supports a bullish gold outlook.Gold prices rose slightly in early Asian trading Monday, driven by renewed safe-haven demand following intensified airstrikes between Israel and Iran. Comments from U.S. President Donald Trump suggesting possible U.S. involvement further fueled investor concern.Market analysts told ChainCatcher that geopolitical uncertainty continues to support gold’s upside, with rising tensions prompting capital inflows into defensive assets.“Safe-haven flows are picking up again,” one analyst said, noting that gold remains a favored hedge during global instability.