Gold price jumps as dollar weakens, yields drop. Bulls watch $3349.19 for breakout, targeting $3370 on Fed rate cut bets and tariff uncertainty.

Gold prices surged this week as heightened investor anxiety over stalled US trade negotiations, a weakening dollar, and expectations of lower interest rates drove strong safe-haven demand. Spot gold rose by 0.

Gold prices rose more than 1% on Tuesday as a weaker dollar and uncertainty over U.S. tariffs, along with concerns about the country's fiscal outlook, drove investors towards safe-haven assets.