Gold on track for seventh straight monthly gain on demand

Gold prices were largely unchanged on Friday, but were on track for their seventh consecutive monthly gain due to uncertainty surrounding US 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.

WAM

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