BENGALURU (Feb 27): Gold was broadly steady on Friday as a drop in US Treasury yields eased the opportunity cost of holding bullion, while muted safe-haven demand kept prices in check as investors assess US-Iran negotiations. Spot gold edged 0.1% lower to US$5,180.09 per ounce by 0752 GMT. Gold was set for its seventh straight month of gains, rising more than 6% in February, a month in which renewed US tariff uncertainty and US-Iran tensions boosted its safe-haven appeal. Spot silver rose 1.9% to US$90.10 per ounce, and was headed for a 6.5% gain on the month. Spot platinum climbed 5.5% to US$2,398.12 per ounce, a four-week high, while palladium gained 2.8% to US$1,834.52.

Source: The Edge Markets February 27, 2026 08:40 UTC