Gold prices rise in the early Asian trading session amid rising geopolitical risk, which is driving demand for gold as a safe haven. Fawad Rasaqzada is a market analyst for City Index and FOREX.com. He says that the recent gold rally indicates investors are pricing in a dramatic escalation of the Middle East crisis. The analyst says that gold has received support due to safe-haven flows because of the situation in the Middle East. Gold spot is up by 0.2% to $1,951.62/oz. (EMAIL).