Gold settles at a more than 6-year high after gaining 3% this week

Gold futures settled at a , with the most-active contract up 2.7% for the week. U.S. President Donald Trump‘s plan to implement new tariffs on Chinese goods next month worsened tensions between the two nations, lifting haven demand for the precious metal. December gold rose $25.10, or 1.8%, to settle at $1,457.50 on Comex. That was the highest finish for a most-active contract since May 9, 2013, according to FactSet data.

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