Asst. Lecturer Hussian Ali Hussian<br />Gold prices are one of the most sensitive economic indicators to geopolitical changes in the world, as this precious metal is influenced more by political and military factors than by pure economic criteria. International tensions, wars, sanctions, and diplomatic crises often translate into clear fluctuations in gold prices globally, making gold a safe haven for investors during times of uncertainty.<br />Gold as a Safe Have Throughout history, gold has been regarded as a safe haven for investors during times of financial turmoil or political and economic instability. In times of crisis, individuals and institutions turn to gold as a means of preserving value, leading to increased demand and consequently higher prices.Key Geopolitical Changes and Their Impact on Gold1. Wars and Military Conflicts:Whenever a war or military conflict breaks out, such as the Russian invasion of Ukraine or conflicts in the Middle East, gold prices rise significantly. Wars undermine confidence in the financial system and drive capital to safe assets.2. Economic Sanctions:Imposing sanctions on major countries like Russia or Iran leads to disruptions in global markets, especially in the energy and financial sectors, enhancing gold's position as a reliable investment choice.3. Political Turmoil in Major Countries:Tensions between the United States and China, or political crises within the European Union, directly impact financial markets, pushing gold to the forefront as a more stable investment option.4. Currency Instability: During sharp fluctuations in global currency exchange rates, especially the US dollar, gold is inversely affected. When the dollar loses its purchasing power, the price of gold often rises.Gold and Future Out look As global crises escalate and geopolitical tensions increase, gold is expected to maintain its appeal as a key hedging tool against risks. In a politically changing world, gold remains the mirror reflecting market anxieties and trends.