rows of gold bars
Gold has outperformed other safe havens since Hamas attacked Israel.
  • Hamas' attack on Israel last Saturday boosted the appeal of so-called "safe havens", which investors flock to during times of uncertainty.
  • Gold opened up an early lead over the dollar and Treasury bonds last week, racking up gains of 5%.
  • But the previous metal is unlikely to carry on rising, according to analysts.

Investors have flocked to so-called "safe-haven" assets since Hamas attacked Israel last weekend – and it's gold that's emerged as an early winner from the geopolitical uncertainty.

The precious metal has jumped over 5% over the past five trading sessions, with its price rising to around $1,930 per Troy ounce as of Monday.