Gold price today, Feb. 27 -- Precious metals-gold and silver-held firm in Friday's session, as rising tensions in the Middle East continued to support safe-haven demand, while uncertainty over US trade policy kept risk-off sentiment intact, positioning gold for its seventh consecutive monthly gain and silver for its tenth straight monthly advance.

The April futures contract on Comex advanced $65 per troy ounce to a day's high of $5,259 on 27 February. Silver prices rose even more sharply, with the March silver futures contract on Comex surging $5.75 per troy ounce, crossing the $93 mark to hit $93.33.

Overnight, prices had settled with a drop of $3.40 per troy ounce but recouped all of the losses in today's session, placing the metal on...