Gold futures climbed Friday to touch their highest levels in 14 months, with the metal’s haven appeal getting a boost from tensions in the Middle East and Hong Kong as well as rising expectations for a summer interest-rate cut from the Federal Reserve. Prices, however, eased back from the session’s best levels with the dollar on track for a gain on the week, putting some pressure on dollar-denominated gold prices. The ICE U.S. Dollar Index DXY, +0.55% rose 0.4% Friday, set for a weekly rise of 0.9%. Gold for August delivery GCQ19, +0.53% climbed $10, or 0.7%, to $1,353.70 an ounce, after trading as high as $1,362.20. ... (full story)