Gold at 11-week high on Trump policy fears, weak dollar

Gold prices climbed to a fresh 11-week peak on Wednesday, boosted by safe haven demand amid uncertainty surrounding US President Donald Trump's trade policies and a softer dollar. Spot gold added 0.1% to $2,748.18 per ounce as of 02.36 GMT, after hitting its highest since November 5, 2024 earlier in the session. US gold futures gained 0.1% to $2,762.90.

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