Gold prices eased on Thursday from a near three-month peak, as the dollar gained, while investors awaited further direction from U.S. President Donald Trump's administration regarding trade policies.

Gold prices have climbed to an 11-week peak, with spot gold rising 0.3% to $2,751.89 per ounce, nearing the record high of $2,790.15 set in October last year. This increase is attributed to a weaker dollar and market uncertainties surrounding President Donald Trump's second-term policy plans,

Gold prices surged to over a two-month high on Tuesday as the U.S. dollar weakened, with the precious metal also supported by buying amid uncertainty surrounding Donald Trump's trade policies. Spot gold climbed 0.