PRECIOUS-Gold rises after Trump announces fresh tariffs on Canada, tariff threats to others

July 11 (Reuters) - Gold rose on Friday after U.S. President Donald Trump announced new tariffs on Canadian imports and issued broader tariff threats to other trading partners, though a stronger dollar limited gains as investors assessed the latest trade actions.

FUNDAMENTALS

* Spot gold XAU= rose 0.3% to $3,333.66 per ounce, as of 0047 GMT. U.S. gold futures GCcv1 were up 0.6% at $3,345.10.

* Trump said on Thursday the United States would impose a 35% tariff on imports from Canada next month and planned to impose blanket tariffs of 15% or 20% on most other trade partners.

* This comes following Wednesday's announcement of a 50% tariff on U.S. copper imports and 50% levy on goods from Brazil, alongside sending tariff notices for other trading partners, all effective August 1.

* Meanwhile, the U.S. dollar index .DXY headed for a weekly gain of more than 0.9%, making gold more expensive for international buyers.

* Weekly jobless claims in the U.S. unexpectedly fell to a seven-week low, signaling stable employment levels despite broader concerns about a cooling labor market, and signalling no urgency for the Federal Reserve to resume rate cuts.

* The White House on Thursday launched a fresh attack on Fed Chair Jerome Powell, with a senior official saying Powell had "grossly mismanaged" the central bank, citing deficits and cost overruns.

* Fed Governor Christopher Waller said the U.S. central bank still has some way to go in shrinking the size of its holdings, in comments that offered a potential resting size for the ongoing drawdown, while reiterating a case is still there to cut the central bank's interest rate target later this month.

* Spot silver XAG= edged up 0.1% at $37.08 per ounce, platinum XPT= fell 0.4% to $1,356 and palladium XPD= rose 0.3% to $1,145.68.