Commissions do not affect our editors' opinions or evaluations. The priceof gold today, as of 9:12 am ET, was $2,805.26 per ounce. That’s up 0.42% from yesterday’s goldprice of $2,793.54.
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it.
Gold prices rose on Friday and were on track for a sixth consecutive week of gains as escalating trade tensions between the U.S. and China prompted investors to seek refuge in the safe-haven asset.