Gold, silver rates, March 5 -- Gold and silver rates today rise up to 2.5% on Thursday, March 5, as both precious metals continue to draw support from war in the Middle East, which enters its sixth day without any indication of a resolution.

Spot gold rate today surged 1% to $5,187 per ounce, while spot silver prices gained as much as 2.5% to $85.12 per ounce, during the Asian trading hours, on Thursday.

Investors are rushing towards safer assets as US and Israeli forces continue airstrikes on Iran, while Tehran retaliates with missile attacks across parts of the region and targets key energy infrastructure. The continuous attacks have resulted in the shutdown of the Strait of Hormuz, disrupting global energy supply routes.

Donald Trum...