Money and business

Gold is heading for gains for the seventh month in a row thanks to demand

New York, February 27 / WAM / Gold prices largely stabilized today, Friday, but are heading for gains for the seventh month in a row due to the uncertainty surrounding US tariff policies.

Gold rose in instant transactions by 0.1 percent to $5,181.18 per ounce, and its price rose 6.5 percent since the beginning of February, achieving gains of 58 percent in seven months.

US gold futures for April delivery rose 0.1 percent to $5,198.10.

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