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Gold gains on tariffs, dollar strength limits upside
short by / on Friday, 11 July, 2025
Gold rose on Friday after US President Donald Trump announced new tariffs on Canadian imports and broader tariff threats to other trading partners, but gains were capped by a stronger dollar amid mounting signs of turmoil in global trade landscape. Spot gold rose 0.3% to $3,333.67 per ounce as of 02:45 GMT.