Gold fell on Friday, following its biggest one-day percentage loss in a month in the previous session, on a firmer dollar and increased investor appetite for riskier assets due to strong U.S. data and corporate results.
Spot gold fell 0.1% to $1,285.01 per ounce as of 0311 GMT.
U.S. gold futures was 0.1% lower at $1,285.20 an ounce.
Spot gold fell 0.8% on Thursday, its biggest one-day percentage decline in a month after risk sentiment improved.
"Markets are very much inclined towards the riskier assets. Investors are trying to price in breakthrough in talks due to the conciliatory tone from both the camps.
"Strong corporate earnings have also helped to give some support to equities and dollar. Most of the managed-money managers are trying to take out profits, which is pressuring gold."
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