Gold prices fell yesterday, and recorded the third weekly decline in a row after positive data for US retail sales and hopes of easing trade tensions between the United States and China equity markets and bond yields to rise.
Spot gold fell 0.7 percent to end the session at $ 1488.45 an ounce, ending the week with a loss of more than one percent.
US gold futures fell 0.5 percent to settle at $ 1,499.50 an ounce.
Investors are 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 percent to $ 17.43 an ounce, while platinum fell 0.3 percent to $ 948.15 an ounce.
Palladium fell 0.7 percent to $ 1,606.50 an ounce after hitting an all-time high of $ 1,621.55 at Thursday's session when potential problems with South African mines fueled supply concerns.
But the metal used for auto-stimulation in the auto sector ended the week up more than 4 percent in the sixth consecutive week of gains.