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Gold prices surged to almost three-month highs on Friday, and they were headed for a fourth consecutive weekly rise as demand for safe-haven metal increased due to uncertainty around U.S. President Donald Trump's trade policies.

Jan 24, 09:58 AM IST 2 min read

Gold prices surged to near three-month highs, nearing $2,777.10 per ounce, driven by uncertainty surrounding U.S. President Trump's trade policies and a weakening dollar. Spot gold increased by 0.8% and is on track for a fourth consecutive weekly gain. Investors are turning to gold as a safe haven amid volatile market conditions, with positive outlooks for future prices.

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