India, July 11 -- Gold prices rose for a third day on Friday amid safe-haven demand as U.S. President Donald Trump's announcement of new tariffs on Canada and broader tariff threats against other trading partners dented investors' appetite for riskier assets.
Spot gold edged up by 0.4 percent to $3,335.62 per ounce in European trade while U.S. gold futures were up half a percent at $3,343.77.
Gold is seeing safe-haven demand despite the dollar gaining on tariff jitters.
In a letter posted to Truth Social late on Thursday, Trump has announced a broad 35 percent tariff on Canadian goods and warned that any fiscal retort from the country will be tacked onto the 35 percent set to take effect Aug. 1.
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