Gold price today jumps near one-month high as geopolitics, falling yields lift bullion
Spot gold rose 1% to $5,238.75 an ounce on Friday, heading for a seventh straight monthly gain as U.S.-Iran tensions and falling Treasury yields drove safe-haven demand. U.S. gold futures for April delivery climbed 1.1% to $5,254. The yield on 10-year U.S. notes dropped to 3.977%. China’s net gold imports via Hong Kong jumped 68.7% in January from December.