London - Saba:
Gold prices fell on Friday, heading for weekly losses, amid a slight rise in the dollar and market awaiting US inflation data.
Spot gold fell 0.4% to $3,303.51 per ounce, and the precious metal has lost 1.6% so far this week.
US gold futures also fell 0.5% to $3,300.70.
Conversely, the dollar index rose 0.2%, making gold more expensive for investors holding other currencies.
Attention is now turning to the US Personal Consumption Expenditures report, the Federal Reserve's preferred measure of inflation, due later today.
Gold is known to benefit during periods of interest rate cuts, as it does not yield a return.
Among other precious metals, spot silver fell 0.7 percent to $33.1 per ounce, while platinum fell 0.6 percent to $1,076.33 and palladium fell 0.5 percent to $968.79.
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