Gold price today, Thursday, March 5: Gold opens higher as Middle East war continues

Gold (GC=F) April futures opened at $5,155.70 per troy ounce on Thursday, up 0.4% from Wednesday’s closing price of $5,134.70. The gold price rose in early trading. Safe-haven demand appears to be strong as the war in the Middle East continues. The conflict has spread to other nations as targets of retaliatory Iranian strikes. Iran has vowed to escalate these attacks. The White House has said the U.S. is nearly in control of Iranian airspace but hasn’t offered a war timeline beyond President Trump’s ori ...