Gold has been impressive even without the war in the Middle East. If the war was indeed the factor causing it to rise, the ceasefire treaty would have knocked it down, but the reverse is the case. Yesterday alone, Gold moved almost 500 pips upward. That's crazy!
Well, stubborn inflation is still a problem. It's one of the main catalysts of Gold's upsurge in market prices. Besides, the conflict between Ukraine and Russia isn't over yet. As long as there are wars, don't expect demand for the "yellow metal" to ease anytime soon. I'm sure an ounce of Gold will be worth $5k in the future. Same as how 1 BTC will be worth $1m in the long run.
Buying Gold now would be the best decision to make. Assuming, prices don't go down any further. By having both BTC and Gold in your portfolio, you can achieve true peace of mind. I'll be paying close attention to the market, just in case.
