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Gold futures fell on the Comex in New York on Friday marking their third straight weekly loss as investors looked to the latest economic data to help gauge demand.
Gold for June delivery fell 0.7% to settle at US$1174.50 an ounce.
After tallying a loss of losing a total of nearly US$40 over the past two trading sessions prices closed at their lowest level since March 19.
Many European and Asian markets were closed today for a holiday.
Data released Friday showed that the Institute for Supply Management’s manufacturing index was flat at 51.5%.
Consumer sentiment rose to a final April reading of 95.9—matching a preliminary estimate while construction spending fell 0.6% in March.
In other metals trading July silver shed 0.1% to US$16.135 an ounce with prices gaining roughly 3.2% for the week.
July platinum fell 0.9% to $1129.70 an ounce while June palladium lost 0.4% to US$773.75 an ounce.
July copper rose 1.5% to US$2.9295 a pound with prices up about 6.6% for the week.
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