Gold price jumps on Middle East turmoil. What to know before investing
Although gold is generally viewed as a safe-haven investment during turbulent times, it's important to know what you're investing in before jumping in...
Last updated: 2026-03-02 21:47:33 ET
Pulse AI Brief
Updated Mar 2, 2026 8:00 PM ET
Airports across the Middle East are closed and hundreds of flights have been canceled as the U.S.-Iran-Israel conflict enters its third day, with airspace over the Gulf region effectively shut to commercial traffic. American travelers, including influencer Alyssa Ramos stranded at Kuwait City airport, report no consular assistance from the U.S. government.
Airlines with significant Middle East exposure — including carriers routing through Gulf hubs — face mounting cancellation costs and rerouting expenses. Travel and hospitality stocks in the region are under acute pressure.
Extended airspace closures would force long-haul reroutes over Central Asia, adding hours and fuel costs to Europe-Asia routes and rippling through global logistics chains.
Although gold is generally viewed as a safe-haven investment during turbulent times, it's important to know what you're investing in before jumping in...
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