Gold futures climbed to a record high on Friday after a report that the United States had imposed tariffs on imports of 1-kg gold bars, while spot gold stayed on track for a second straight weekly gain on tariff turmoil and U.S. interest rate-cut hopes. Spot gold was down 0.3% at $3,386.30 per ounce, as of 0305 GMT, after hitting its highest since July 23 earlier in the session. Bullion is up 0.7% so far this week. U.S. gold futures for December delivery were up 0.9% at $3,484.10, after hitting an all-time high of $3,534.10. The price spread between New York futures and spot prices widened by more than $100 after the ... (full story)