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Gold prices ends at 5-week high, up nearly 3% on week

Gold costs settled at a five-week high on Friday on concerns about imaginable trade wars after the Trump management's transfer so as to add tariffs on no less than $50 billion price of Chinese items and threats of retaliation from China. Upheaval within the management, together with the naming of John Bolton, a hawk on North Korea and Iran, as the following nationwide security adviser, has additionally boosted haven demand for the dear metal. April gold GCJ8, +1.50% rose $22.50, or 1.7%, to settle at $1,349.90 an ounce--the best finish since Feb. 16, in keeping with FactSet information. For the week, it rose roughly 2.9%.

Read the overall tale: Gold rallies to 5-week high, up just about 3% for the week