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U.S. dollar gained 0.13 percent to 104.32, making bullion less attractive for other currency holders

PCE and GDP data on the horizon for market insights

Spot gold was up 0.1 percent at $3,025.12 an ounce

Bullion recorded an all-time high of $3,057.21 per ounce on Thursday and has climbed about 1.5 percent so far this week

The Fed is expected to maintain interest rates at 4.5 percent amidst economic uncertainty

Increased geopolitical tensions in the Middle East heightened the demand for safe havens

U.S. consumer sentiment hits two-and-a-half-year low as inflation expectations rise amid tariff fears

Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15

Spot gold was unchanged at $2,916.69 per ounce, while U.S. gold futures edged up 0.1 percent to $2,922.30

The dollar index neared a four-month low, making bullion cheaper for global buyers

Concerns over a potential global trade war shifted investors to safe-haven assets, raising gold prices

Trump signed orders expanding tariff exemptions for goods from Canada and Mexico this week