Gold price today: above $5,100 as weak U.S. GDP and tariff headlines stir haven demand
Gold surged above $5,100 an ounce in late New York trade Friday, with spot prices last at $5,107.32, up 2.2%, after U.S. GDP data showed slower growth and inflation remained firm. April gold futures settled at $5,080.90. Traders cited fresh tariff threats from Trump and sticky inflation as drivers. In India, bullion dealers widened discounts as volatility curbed retail demand.