Gold on track for seventh straight monthly gain on demand
Feb 28, 2026
London [UK], February 28: Gold prices were largely unchanged on Friday, but were on track for their seventh consecutive monthly gain due to uncertainty surrounding U.S. tariff policies.
Spot gold was down 0.1% at $5,181.18 per ounce by 0837 GMT. It has risen 6.5% since the start of February, a gain of 58% in the past seven months
Spot gold edged up 0.1% to $5,192.19 per ounce, while US gold futures for April delivery rose 0.3% to $5,209.20 per ounce.
The precious metal remains on track for a seventh consecutive monthly gain, having advanced more than 6% so far in February.
Source: Emirates News Agency
