Gold on track for seventh straight monthly gain on demand

(UrduPoint / Pakistan Point News / WAM - 27th Feb, 2026) LONDON, 27th February, 2026 (WAM) - 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.