Gold prices retreated on Friday as the dollar firmed and investors booked profits after bullion hit three successive all-time peaks this week, buoyed by safe-haven demand amid trade war concerns and hopes of a rate cut by the Federal Reserve later this year.

Futures on the New York Mercantile Exchange gained 0.7% during the week, reaching $3,021.10 an ounce. Futures rose above the $3,000 mark for the first time on March 13.

Front-month gold futures turned lower Friday after setting another record in the previous session, but the metal still finished positive for the week.