Gold price today, Monday, March 2: Gold opens 2.8% higher, following violence in the Middle East

Group 1: Gold Price Movement - Gold futures opened at $5,393 per ounce on Monday, reflecting a 2.8% increase from Friday's closing price of $5,247.90, marking the largest close-to-open gain since November 28, 2025 [1] - The one-week gain for gold prices is 5.3%, while the one-month gain is 12.2%, and the one-year gain stands at 87.4% [8] Group 2: Market Influences - The recent surge in gold prices is attributed to the outbreak of violence in the Middle East, including U.S. and Israeli airstrikes against Iran, which have reportedly resulted in casualties [1][2] - The ongoing conflict has negatively impacted stock futures while causing oil prices to rise, which could influence inflation and subsequently affect Federal Reserve interest-rate decisions [2] Group 3: Gold Price Tracking - The current price of gold can be monitored continuously through platforms like Yahoo Finance, which provides 24/7 tracking of gold prices [3]