India, March 21 -- Gold prices fell from record highs on Friday amid pressure from a stronger dollar on increased bets that U.S. interest rates will remain unchanged in the near-term.
Spot gold was down half a percent at $3,030.20 per ounce in European trade while U.S. gold futures were down 0.2 percent at $3,036.81.
However, bullion remained on track for a third straight weekly gain against the backdrop of tariff-related uncertainties and rising Middle East tensions, including Israeli airstrikes on Gaza and fresh U.S. sanctions on Iran.
The dollar was on the front foot against major peers, exerting pressure on gold prices.
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