Gold Steadies Below One-Month Peak As Trade War Fears Loom

 Gold prices on Friday steadied below a one-month high hit in the previous session and were on track for a second straight weekly gain amid concerns over U.S.-China trade dispute.

Spot gold was steady at $1,301.34 per ounce at 0405 GMT, after reaching its highest since May 15 at $1,309.30 an ounce on Thursday.

U.S. gold futures for August delivery were 0.3 percent lower at $1,304.70 per ounce.

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