Gold dips: Prices drop after record $4,300 peak as Trump says China tariffs 'not sustainable'; Silver also retreats

Gold prices retreated from record highs above $4,300 an ounce on Friday, influenced by a stronger dollar and President Trump's comments on tariff sustainability. Spot gold dropped 2.2% to $4,228.89, though it remains poised for a significant weekly gain. Silver also saw a decline, tracking gold's movements.

Gold dips: Prices drop after record $4,300 peak as Trump says China tariffs 'not sustainable'; Silver also retreats
Gold prices retreated from record highs above $4,300 an ounce on Friday, influenced by a stronger dollar and President Trump's comments on tariff sustainability. Spot gold dropped 2.2% to $4,228.89, though it remains poised for a significant weekly gain. Silver also saw a decline, tracking gold's movements.