Gold traded flat early on Friday but the metal was poised to end the week lower, as investors preferred the safety of the dollar in the wake of political uncertainties in the United States.
FUNDAMENTALS
Spot gold was unchanged at $1,505.74 per ounce, as of 0133 GMT. Prices were down 0.7 per cent for the week, after rising about 2 per cent last week.
US gold futures were 0.2 per cent lower at $1,512.6 per ounce.
The dollar was holding near multi-week highs against most major currencies, while Asian shares were on course for a second straight weekly loss.
A whistleblower report released on Thursday said President Donald Trump not only abused his office in attempting to solicit Ukraine's interference in the 2020 US election for his political benefit, but that the White House tried to "lock down"
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