Gold prices fell in the weekend to record the third weekly decline in a row with the rise of stock markets and bonds, while palladium won the most expensive metals ever.
Spot gold fell 0.7% on Friday to end the trading session at $ 1488.45 an ounce, ending the week with a loss of more than 1%. US gold futures fell 0.5% to settle at $ 1499.50 an ounce.
The decline in gold came after positive US retail sales data and hopes of easing trade tensions between the United States and China pushed equity markets and bond yields to rise.
Investors are also awaiting next week's Federal Reserve meeting, which is expected to cut the benchmark interest rate by at least 25 basis points for the second time in a row.
Among other precious metals, silver fell 3.7% to $ 17.43 an ounce, while platinum fell 0.3% to $ 948.15 an ounce.
Palladium fell 0.7% to $ 1606.50 an ounce after hitting an all-time high of $ 1,621.55 in Thursday's session, when potential problems with South African mines fueled supply concerns.
But the metal used for auto-stimulation in the auto sector ends the week up more than 4%, the sixth consecutive week of gains.
European shares rose on Friday on strong gains for banks and carmakers.
Both the benchmark Stoxx 600 index and the euro zone stock index closed up 0.3 percent, gaining more than 1 percent over the week.
Among the most notable gainers in Friday's session, the London Stock Exchange rose 3.6%, after it rejected a takeover offer from the Hong Kong Stock Exchange worth 39 billion dollars.
The three US indices also ended the week higher with the Dow rising 1.56%, the S&P 0.95% and the Nasdaq 0.91%.