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Gold Steady as Safe-Haven Demand Eases

Economy

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London, February 27 (QNA) - 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.
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 -- its highest level in four weeks -- while palladium gained 2.3% to $1,825.29 per ounce. (QNA)

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