Gold Steady On Weaker Dollar, On Track For 2nd Straight Weekly Gain

Gold held steady early on Friday as the dollar slipped and was on track for its second successive weekly gain.                                 FUNDAMENTALS
* Spot gold was little changed at $1,337.70 an ounce by 0113 GMT. The metal was set for a 1-percent gain this week.

* U.S. gold futures were steady at $1,342.20.
The dollar index, which measures the greenback against a basket of currencies, was down 0.1 percent at 94.899.

 

  * Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.13 percent to 950.62 tonnes on Thursday.

 

* Goldcorp Inc has hired Bank of Nova Scotia to lead the sale process for Los Filos, its gold and silver mine in Mexico, according to two sources familiar with the situation, after putting the asset on the block earlier in the summer.

 

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