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Gold prices rise on US tariff policy and Iran talks

Gold rose to $5,190.01 on Thursday as tariff uncertainty and Iran talks boosted safe-haven demand. Investors now await U.S. jobless claims data due today.

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Gold prices edged higher on Thursday as market participants weighed uncertainty surrounding trade policies in the United States and awaited the outcome of diplomatic discussions with Iran. Spot gold rose 0.4% to $5,190.01 per ounce by 0816 GMT, maintaining its position near recent multi-week highs. Meanwhile, gold futures for April delivery saw a marginal decline of 0.4%, settling at $5,206.80.

A gold bar is showcased at a Cairo jewelry market as local demand for safe-haven assets increases amid global economic volatility, February 5, 2026. REUTERS/Amr Abdallah Dalsh
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