Analysts: Middle East Crisis Could Trigger Gold Price Rally of up to 15% - Metal.com

Analysts argue Middle East escalation could drive a risk-off bid that lifts gold as much as ~15%, highlighting geopolitics as the dominant catalyst. Tradeable angle: maintain upside convexity (calls/call spreads) or add tactical longs on headline-driven dips, with tight risk controls around de-escalation. A sustained rally would likely require either broader risk aversion or spillover into energy/inflation expectations. Monitor USD and real rates for confirmation versus a purely geopolitical spike.