Spot gold was little changed at $2 669.98 an ounce at 8:34 a.m. in Singapore, while silver traded above $30 an ounce on course for a second weekly gain.

Gold's price surged for the third straight day and edged up 0.35% due to safe-haven demand spurred by concerns over Donald Trump’s proposed policies, while the United Kingdom (UK) dealt with a budget crisis.

Spot gold rose 0.4% to $2 677.79 an ounce as of 6:51 a.m. in London, while silver traded above $30 an ounce and was on course for a second weekly gain.