Gold futures prices fell as investors awaited a keynote speech by Federal Reserve Chairman Jerome Powell today at the annual Jackson Hole Economic Symposium.
During Friday's trading, gold futures for December delivery fell 0.3%, or $10.90, to $3,370.70 per ounce.
Spot gold fell 0.25%, or $8.95, to $3,329.76 per ounce.
The dollar index, which measures the performance of the US currency against a basket of six major currencies, rose 0.2% to 98.81.
While silver futures for September delivery fell 0.15% to $38.015 per ounce, spot platinum prices fell 0.7% to $1,348.23, while palladium prices stabilized at $1,115.08.
According to the FedWatch tool, expectations for a 25 basis point rate cut at the September meeting fell to 73.3% from 85.4% a week ago
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