Gold firms near record peak as trade war concerns linger
Gold prices inched higher on Thursday to hover near an all-time high hit in the last session, as Sino-U.S. tariff war concerns boosted safe-haven demand, while investors awaited the payrolls data for clues about the health of the world's largest economy.
FUNDAMENTALS
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-117965408»>* Spot gold was up 0.1% at $2,867.79 per ounce, as of 0032 GMT. Bullion hit a record high of $2,882.16 in the previous session.
* U.S. gold futures shed 0.2% to $2,887.10.
* Earlier this week, China imposed duties on U.S. goods in response to new U.S. tariffs, escalating the trade war between the two countries. U.S. President Donald Trump expressed no urgency in speaking with Chinese President Xi Jinping to alleviate the tensions.
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