GLOBAL MARKETS-Stocks Lose Ground Amid Inflation Concerns, Trade War Worries

GLOBAL MARKET - LONDON. Safe-haven gold hit a fresh record high on Friday as an index of global shares fell, weighed down by worries over a looming trade war sparked by tariff decisions from U.S. President Donald Trump.

U.S. traders had new sticky inflation data to grumble about but it was Trump's 25% tariff on auto imports and plans for much broader levies next week that continued to cause the nail-biting.