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Gold Prices Continue to Fluctuate

(MENAFN) Gold markets extended their turbulent run on Monday, climbing sharply and nearing levels last seen at the height of February’s rally.

Spot gold advanced roughly 0.9% to trade around the $5,150 range as of 1215GMT, rebounding after notable early-month weakness.

The precious metal had slipped to the $4,500 level at the start of the month, reflecting heightened volatility across global markets. Prices have been particularly sensitive to central bank policy decisions and escalating geopolitical tensions in recent weeks.

Despite the recent pullback, gold remains near historic highs. Last month, the metal surged to an all-time peak of approximately $5,600, underscoring sustained investor demand amid economic uncertainty.

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