By Kevin Buckland TOKYO (Reuters) -Stocks slipped in Asia on Friday and the U.S. dollar drooped with Treasury yields as investors digested an appeals court decision to keep President Donald Trump's tariffs in effect,

Gold rose as the dollar gave up short-lived gains on a court ruling against President Donald Trump’s global tariffs agenda. Bullion rose as much as 1.3% — erasing losses made during the US currency’s brief bounce — as a weaker greenback makes the precious metal more attractive for many buyers in other countries.

Financial markets welcomed a U.S. court ruling that blocks President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law. U.S. futures jumped early Thursday and oil prices rose more than $1.