Gold gained on Friday as intensifying U.S.-China tensions compounded fears of a slow recovery in a global economy already reeling from the coronavirus pandemic. Spot gold climbed 0.6% to $1,735.43 per ounce by 10:56 a.m. EDT (1456 GMT), after falling 1.4% on Thursday, and was headed for a small weekly decline. U.S. gold futures rose 0.8% to $1,736.20. "China's aggressive stance on Hong Kong security could exacerbate already tense relations (with U.S.) and a possible confrontation between U.S. warships and Iranian freighters headed for Venezuela are key concerns heading into the long weekend, prompting investor ... (full story)