Gold was, however, down 0.4 per cent this week and on track for a second consecutive weekly loss. (Representational Image) Gold was, however, down 0.4 per cent this week and on track for a second consecutive weekly loss. (Representational Image)Gold prices rose on Friday as the threat of a global trade war pushed shares and the dollar lower and spurred demand for assets such as bullion that are seen as safer investments. But the threat of a trade war overpowered fears of interest rate increases, Hansen said. “If a trade war becomes a reality it could push inflation up and growth down and that should ease the aggressiveness of the Fed.

Source: Indian Express March 02, 2018 16:07 UTC