Gold held steady below $1,600 on Friday, after the eurozone leaders reached an agreement on a Greece bailout plan, but prices are expected to be rangebound as investors keep an eye on the progress made in US debt talks. Spot gold was flat at $1,588.04 an ounce by 0613 GMT, headed for a weekly decline of 0.3 percent after two weeks of consecutive gains.
US gold was little changed at $1,588.50.