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

Gold heads for seventh straight monthly gain on safe-haven demand
27 Feb 2026 20:20

(REUTERS) 

​Gold prices rose on Friday, putting it on track for a seventh straight monthly ⁠gain.

Spot gold gained 0.9% to $5,232.21 an ounce by 1325 GMT. The metal has ​climbed 6.5% so far in February, bringing gains for the seven ​months to ‌58%.

US gold futures for April delivery ⁠were ​up 1.2% at $5,253.20.

US 10-year Treasury yields fell to a three-month low on the day, decreasing the opportunity cost of holding non-yielding gold.

Spot silver rose 4.4% to $92.20 an ounce, on course for a 6.2% monthly gain.

Spot platinum climbed by 5.3% to a four-week high of $2,393.80 an ounce ​while palladium gained 1.5% to $1,810.60.

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