Gold price today climbs above $5,000 as Iran tensions and softer yields lift bullion
Spot gold rose 0.7% to $5,032.49 an ounce in London on Friday but was still set for a small weekly decline. Gains followed renewed U.S.-Iran tensions and lower European yields, with U.S. inflation data expected later. Silver, platinum, and palladium also firmed, all on track for weekly gains.