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Gold Surges to Historic High of $3,057 Amid Safe Haven Demand, Friday decline was driven by the dollar’s strength

GOLD was closed on Friday at daily lower levels after made the new ATH $ 3057 in the last trading session as on Friday Gold prices declined over 1% weighed down by a stronger U.S. dollar and profit-taking, yet remained on track for a third consecutive weekly gain. Despite the pullback, bullion has risen 0.7% this week, supported by persistent geopolitical tensions and expectations of U.S. Federal Reserve rate cuts.