Gold rebounds to 3-month peak on Trump's rate, tariff remarks

 



Gold prices touched near three-month highs on Friday and were set to post a fourth straight weekly gain, buoyed by uncertainty about U.S. President Donald Trump's tariff plans and his calls to lower interest rates weighing on the dollar.

Spot gold jumped 0.7% to $2,773.57 per ounce, as of 0505 GMT, and has gained more than 2% so far this week. Earlier in the day, prices rose to $2,777.10, their highest since Oct. 31, when they hit a record high of $2,790.15.

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