Gold futures settled at a more than six-year high on Friday, with the most-active contract up 2.7% for the week. U.S. President Donald Trump's plan to implement new tariffs on Chinese goods next month worsened tensions between the two nations, lifting haven demand for the precious metal.
December gold rose $25.10, or 1.8%, to settle at $1,457.50 on Comex. That was the highest finish for a most-active contract since May 9, 2013, according to FactSet data.
Source : MarketWatch