Gold price today, Wednesday, February 24: Gold opens above $5,100 with tariffs, geopolitical risks in focus

Gold (GC=F) April futures opened at $5,160 per troy ounce on Wednesday, 0.3% lower than Tuesday’s closing price of $5,176.30. Gold has gained more than 4% over the last five days after a correction that reduced the per-ounce price to $4,869.50. The increase likely stems from safe-haven demand fueled by tariff uncertainty and geopolitical tensions — as the U.S. readies for a possible military strike against Iran. Gold’s ability to retain or gain value during uncertain times has made it increasingly popu ...