Gold Price Surges to $5,400: Will Geopolitical "Epic Fury" and 90% Polymarket Odds Propel Bullion to $6,000?

Gold (XAU/USD) prices erupted on March 2, 2026, hitting fresh intraday highs of $5,400 as joint US-Israeli military operations against Iran intensify. With Polymarket traders betting on a 90% chance of a higher daily close and the death of Iranian Supreme Leader Ayatollah Ali Khamenei confirmed, discover why analysts from J.P. Morgan and BofA are now eyeing a structural rally toward $6,000.