PRECIOUS-Gold sets sights on $1,900/oz mark as haven flows gather steam

* Gold up more than 4% so far this week

* Silver slips, but headed for best week in over three decades

* Dollar index near two-year low, equities retreat (Recasts, adds comments, updates prices)

By Eileen Soreng

July 24 (Reuters) – Gold resumed its march toward $1,900 on Friday as an escalation in the U.S.-China spat added further safe-haven fuel to a rally to a nine-year peak driven by fears over the economic hit from the coronavirus pandemic.

Silver, meanwhile, was en route to its best week since 1987.

Spot gold was up 0.3% at $1,892.32 per ounce by 1002 GMT, having hit its highest since September 2011 at $1,897.91 on Thursday.

U.S. gold futures rose 0.1% to $1,890.90.

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