Reuters

Gold prices were little changed after jumping to their highest in more than nine months on Friday as the dollar retreated on political uncertainty in the United States and a suspected Islamist militant attack in Spain boosted bullion’s safe-haven appeal.

The dollar fell to a four-month low against the Japanese yen on Friday as investors sought out the safe-haven currency in light of uncertainty about the White House’s ability to push through its economic agenda.

Britain’s pound edged lower against the dollar on Friday and is set for its biggest weekly decline in more than two months as investors lightened positions after the week of lackluster data quashed expectations of policy tightening in the coming months.

Gold jumped to its highest in more than nine months on Friday as the dollar retreated on political uncertainty in the United States and a suspected Islamist attack in Spain boosted bullion’s safe-haven appeal. Spot gold touched its highest since Nov. 9 at $1,300.80 per ounce, and by 1333 GMT was trading up 0.8 percent …

Canada’s annual inflation rate ticked higher in July as gas prices climbed, suggesting price pressures are picking up after June’s subdued reading and clearing the way for the Bank of Canada to raise interest rates again in the fall.

Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about U.S. President Donald Trump’s ability to deliver his economic agenda.

The dollar edged lower versus the yen on Friday, hampered by renewed investor concerns over the Trump administration’s ability to push forward its economic policy agenda.

Gold was mostly steady early on Friday amid weaker Asian stocks, with some investors gravitating towards safe-haven assets on political uncertainty in the United States and after a van mowed through crowds in Barcelona, killing at least 13 people.

Oil prices fell early on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening.

U.S. stocks sold off on Thursday, with the S&P 500 recording its biggest daily percentage drop in three months as escalating worries about the Trump administration’s ability to push through its economic agenda rattled investors.