Gold and other metals futures sank on Friday on uncertainty about European Union financial support for Greece, which gave another boost to the dollar.
Gold for April delivery was down $1.40 U.S., or 0.1%, at $1,126.50 U.S. an ounce in electronic trade. For the week, however, gold remains 2% higher.
The dollar index, which measures the U.S. unit against a trade-weighted basket of six major currencies, rose to 80.58.
A stronger dollar tends to weigh on commodities as it makes them more expensive for holders of other currencies. It also reduces gold's appeal as a hedge against weaker currencies.
