Gold was little changed in choppy dealings on Thursday, amid conflicting signals as the firm dollar applied pressure and weak US economic data spurred safe-haven buying, fuelling hopes that interest rates will rise. Spot gold was up 0.7 percent at $1,227.53 an ounce by 2:49 pm EST (1949 GMT), after falling nearly 1 percent to $1,219.90 per ounce.
Gold was still on track for a 3.1 percent weekly gain so far, the biggest since March, as it benefited from a pullback in the dollar over the past few sessions. US gold futures settled down 0.3 percent at $1,225.60 an ounce. Among other precious metals, silver snapped a three-day rally, falling 0.1 percent to $17.04 an ounce, while platinum was down 0.4 at $1,238.70 an ounce and palladium gained 0.6 percent to $815.25 an ounce.
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