Spot gold rose 2.1% to $4,568.29 per ounce, and US gold futures for April climbed 3.8%.
With the US dollar down, gold became more appealing for international buyers.
Oil dipping below $100 a barrel helped calm inflation worries too.
JP Morgan says this could be a smart time to buy gold—history shows people often turn to it during global conflicts.
Silver and platinum also saw solid gains, reflecting how precious metals are trending up as uncertainty continues.