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Gold heads for seventh straight monthly gain on safe-haven demand

Cover Image for Gold heads for seventh straight monthly gain on safe-haven demand

The metal has climbed 6.5% so far in February, bringing its seven-month gain to a whopping 58%.

NEW YORK: Gold prices were largely steady today, on track for their seventh straight month of gains as uncertainty over US tariff policies and tensions between the US and Iran boosted the metal’s safe-haven appeal.

Spot gold edged down 0.1% to US$5,181.18 per ounce by 8.37am.

The metal has climbed 6.5% so far in February, bringing gains for the seven months to a whopping 58%.

Tags:Donald Trumpgoldpalladiumplatinumsafe havensilvertariffsUS Iran talks


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