Commodities & Safe Havens

Geopolitical tensions in the Middle East triggered a multi-asset flight to safety on February 28, 2026, with gold futures climbing above $5,250 and oil prices surging on Iran concerns. The S&P 500 fell 0.4% while the Dow dropped over 500 points after the US embassy in Jerusalem authorized evacuations. Bitcoin declined toward $66,000 as investors rotated into traditional safe havens.

Gold prices reached all-time highs while 10-year Treasury yields declined during a sharp market rotation into safe-haven assets. The move reflects growing investor concern over geopolitical and policy risks, with confidence in the trend at 78%. Analysts warn the shift could signal broader risk-off sentiment ahead.