Prices for gold swooned somewhat on Friday, as an uptick in the dollar and U.S. Treasury yields weighed on the safe-haven metal, while investors awaited crucial U.S. inflation data due later in the day to gauge inflationary pressure.
Spot gold was down 0.2% at $1,893.07 U.S. per ounce. Bullion has risen 0.7% so far this week, and was on track for its fourth straight weekly gain.
U.S. gold futures eased 0.1% to $1,896.20 U.S.
Investors now await the monthly U.S. personal consumption report due later in the day.
Elsewhere, silver fell 0.5% to $27.78 U.S. per ounce, platinum eased 0.2% to $1,178 U,S,, while palladium edged 0.1% higher to $2,808.18 U.S.
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