Why are gold and silver rising as gold price surges 1.4% to $5,195 and silver rebounds 3.3% amid Middle East war?

Gold price today surged to $5,195, up 1.4%, while silver price today jumped 3.3% to about $86 as investors rushed to safe-haven assets. The rally comes on the fifth day of the Middle East war, which has shaken global markets and pushed traders toward precious metals. Rising oil prices, inflation fears, and geopolitical risk are boosting demand for gold and silver prices in 2026. At the same time, the U.S. dollar index near 99 and Treasury yields around 4.1% are adding volatility. Analysts say safe-haven demand remains strong. If geopolitical tensions persist, gold price forecasts now point toward another test of the $5,500 record zone.