![Gold poised for sixth week of gains on safe-haven demand Gold poised for sixth week of gains on safe-haven demand](https://i0.wp.com/img.etimg.com/thumb/msid-118051093,width-1200,height-630,imgsize-43098,overlay-etmarkets/articleshow.jpg?w=600&resize=600,400&ssl=1)
Gold poised for sixth week of gains on safe-haven demand
Gold prices rose on Friday and were on track for a sixth consecutive week of gains as escalating trade tensions between the U.S. and China prompted investors to seek refuge in the safe-haven asset. Spot gold gained 0.2% to $2,861.46 per ounce as of 01:41 p.m. ET (1841 GMT), up more than 2% this week,…