The SPDR Gold ETF (GLD) closed at $264.13 on February 5th, up 0.62%, as gold prices reached $2,881.90, driven by a weaker U.S. dollar and increased demand for safe-haven assets amid geopolitical tensions. The U.S. Dollar Index fell by 0.9% to 108.01, amplifying gold's appeal, as the U.S. job openings rate unexpectedly dropped to 4.5%, signaling a cooling labor market. This contributed to a rally in U.S. Treasury yields, further pressuring the dollar. Additionally, a surge in gold futures contracts opting for delivery has increased demand, with 28% of registered gold required to fulfill orders. The geopolitical landscape, including U.S. tariffs on major trading partners, has heightened economic uncertainty, prompting investors to gravitate towards gold.