Gold eased on Thursday as the dollar ticked up and prices consolidated after hitting an over three-month-high in the prior session, while focus remained on U.S. President Donald Trump's policies.

The newly elected president has not provided any specific details about the universal tariffs or extra surcharges on key trade partners.

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,