Gold prices have climbed during the Asian trading session as escalating tensions in the Middle East drove investors toward safe-haven assets.

The weakening of the U.S. dollar also provided additional support for the precious metal, Caliber.Az reports via Russian media.

The spot price of gold rose 0.8% to $5,179.60 per ounce, while U.S. gold futures slipped 0.3% to $5,188.29.

Gold had gained 1% in the previous session, recovering from nearly a 5% drop on March 3 when a stronger dollar had put pressure on prices.