Gold was trading near three-week lows on Friday and heading for a second straight weekly loss after strong US economic growth sparked fears the US Federal Reserve may scale back its bullion-friendly bond purchases this year. "There is not much interest in gold for the time being," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong.
Spot gold edged up 0.15 percent to $1,309.56 an ounce by 0737 GMT, supported by a drop in Asian equities. The metal has lost 0.4 percent for the week, having hit a three-week low of $1,298.31 on Thursday.
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