Singapore - Gold firmed above $1 150 an ounce on Friday as the dollar nursed losses after an extended rally, but the metal was still headed for its sixth weekly dip in seven on concerns that US interest rates would increase soon.
Spot gold edged up 0.5% to $1 159.40/oz by 03:31 GMT, after posting nine straight sessions of losses, its longest losing stretch since August 1973 when it fell ten days in a row.
So far, the metal is down about 0.7% for the week, after hitting its lowest in more than three months at $1 147.10 on Wednesday.