Why did gold rise 7.6% in February and post seven straight monthly gains?

Two forces helped: rising safe-haven demand on US–Iran tensions and softer US 10-year yields, which reduce the opportunity cost of holding bullion. Markets also leaned toward a Fed cut by June. Together, these factors kept dips shallow and supported a steady month‑end climb.

How do US 10-year yields affect gold price today?

Gold does not pay interest, so when US 10-year yields fall, the relative cost of holding gold drops. That often supports prices. When yields rise on strong data or hawkish policy, gold can retrace. Watching yields around key reports helps time entries and manage risk.

What are practical ways for Hong Kong investors to gain gold exposure?

Consider HK‑listed gold ETFs for simplicity, savings plans for discipline, allocated bars for direct ownership, or gold futures for tactical trades. Compare fees, spreads, liquidity, and storage terms. Match the product to your time horizon, risk tolerance, and whether you want trading exposure or long‑term savings.

Do silver and platinum usually move with gold during haven episodes?

Often yes, but with differences. Silver and platinum share macro drivers like yields and the US dollar, yet their industrial demand adds volatility. Haven flows can lift the complex, but economic surprises can hit them harder than gold. Check liquidity and spreads before trading these metals.

Global Market Insights

Gold Today, March 01: 7.6% Feb Jump, 7-Month Streak as Yields Fall

ByDanny Kontos February 28, 2026February 28, 2026

Gold price today sits near a one‑month high after a 7.6% surge in February, extending a seven‑month winning streak. Softer US 10-year yields and rising safe-haven demand on US–Iran tensions supported bullion. With traders eyeing potential Fed cuts by June, volatility may stay firm into the weekend. For Hong Kong investors, currency peg stability, product choice, and risk control matter most. Below, we break down drivers, local access, futures spillovers, and what to watch in March.