Gold prices climbed sharply in early March trading, with spot gold reaching around $5,278 per ounce on March 1, 2026, up more than 1.8% from the previous close, according to data from major market trackers like Kitco and JM Bullion.
The rally extended gains from late February, when the metal rebounded above $5,200 after a brief pullback, capping a volatile but ultimately positive month. Analysts attribute the move to a confluence of factors: persistent global instability, expectations around U.S. tariff policies under the current administration, and steady institutional buying that has kept the floor elevated.
