Gold price near record after Iran strikes; what to watch when markets reopen
London, March 1, 2026, 17:07 GMT — Market closed Gold finished Friday at a one-month high, drawing buyers seeking safety following U.S. and Israeli attacks on Iran. Canceled flights are expected to sharply curtail physical bullion shipments via Dubai. Spot gold climbed 1.7% to close at $5,277 per ounce, still under the Jan. 29 peak of $5,594.82.