Gold Scales All-Time Peak, Flirts with $3,000 Mark

GOLD. Safe-haven gold surged to a record high on Friday, trading close to the key $3,000 mark, propelled by ongoing trade war fears and expectations of a rate cut by the U.S. Federal Reserve.

Spot gold was flat at $2,990.54 an ounce, as of 0847 GMT. Earlier in the session, safe-haven bullion hit a record high of $2,993.80.