Gold hits over one-week low after US court blocks Trump's tariffs
Gold touched a more than one-week low on Thursday after a US federal court blocked President Donald Trump's 'Liberation Day' tariffs, dampening the metal's safe-haven allure, while a robust dollar further pressured the bullion. Spot gold was down 0.7% at $3,268 an ounce, as of 02:42 GMT, after hitting its lowest since May 20.