Gold Rate Today: Gold, silver shine on trade war fears

NEW DELHI: Precious metals gold and silver were trading in the green on Friday after US President Donald Trump announced long-promised tariffs on Chinese goods.

Holdings of the largest silver-backed exchange-traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 9942.90 tonnes, remain unchanged from previous business day.

On the global front, gold prices rose to a two-week high on a softer dollar as investors scurried to safety on possibility of a countinued trade stand off between US and China.