Gold Steady as Safe-Haven Demand Eases Amid US-Iran Talks

Doha: Gold prices were broadly steady on Friday as demand for safe-haven assets softened while investors monitored ongoing negotiations between the United States and Iran over Tehran's nuclear program.

According to Qatar News Agency, 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.

In other precious metals trading, spot silver climbed 1.6% to $89.73 per ounce. Platinum surged 5.2% to $2,260.09 per ounce, marking its highest level in four weeks, while palladium gained 2.3% to $1,825.29 per ounce.