Argor Heraeus SA-branded one kilogram gold bars are arranged for a photograph at the Chinese Gold and Silver Exchange Society in Hong Kong, China.
Gold prices eased on Friday but hovered around the $2,700 level, as traders assessed the impact of Donald Trump's presidency and its implications for the U.S. interest rate outlook.
Spot gold fell 0.4% to $2,697.19 per ounce as of 0251 GMT and was headed for a weekly loss.
Gold prices are marginally pressured due to the market's uncertainty over U.S. political and policy developments, said Kyle Rodda, financial market analyst at Capital.com.
Spot silver fell 0.8% to $31.75 per ounce, platinum fell 0.2% to $994.80 and palladium shed 0.21% to $1,022.36.
Persons:
Argor, Donald Trump's, Kyle Rodda, Rodda, Brian Lan
Organizations:
Argor Heraeus, Silver Exchange Society, U.S, Federal Reserve, GoldSilver, Gold
Locations:
Hong Kong, China, Singapore, Beijing