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Due to demand, gold is on track for its seventh consecutive monthly gain.

WAM Bot • 27.02.2026 16:14
LONDON, February 27, 2026 (WAM) - Gold prices remained largely unchanged on Friday, as they move towards a seventh consecutive monthly gain amid uncertainty surrounding U.S. tariff policies. As of 0837 GMT, spot gold showed a decline of 0.1% to $5,181.18 per ounce. It has increased by 6.5% since the beginning of February and has gained 58% over the past seven months. Spot gold rose by 0.1% to $5,192.19 per ounce, while April futures for U.S. gold contracts increased by 0.3% to $5,209.20 per ounce. The precious metal continues to progress towards its goal of a seventh consecutive monthly gain, having risen by more than 6% so far in February. (Source: WAM.ae)