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Gold consolidates after record run, set for eighth weekly gain
Friday, 21 February 2025 17:15 WIB | GOLD |

Gold prices fell on Friday but were set for an eighth straight week of gains on the back of two consecutive record highs, as safe-haven demand remained strong amid concerns about U.S. President Donald Trump's tariff plans.

Spot gold shed 0.4% to $2,926.54 an ounce by 0945 GMT. Bullion has gained around 1.5%this week after rising to a record $2,954.69 on Thursday.

Source: Reuters

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