Gold Holds Steady, On Track For First Weekly Gain In Three - Today Gold News>> Ripples Advisory

Gold was little changed early on Friday after snapping three days of gains in the previous session, and was set for its first weekly rise in three weeks as the dollar and equities steadied.

FUNDAMENTALS

* Spot gold eased 0.1 percent to $1,215.67 per ounce at 0107 GMT but was up 0.3 percent for the week so far.

* U.S. gold futures for August delivery fell 0.2 percent to $1,214.80 per ounce.

* The dollar was steady against a basket of major currencies on Thursday, as investors turned their attention to Friday's economic data.

* The Bank of Japan is set to raise its economic growth forecasts but cut its rosy inflation outlook next week, sources say, reinforcing expectations it will lag well behind major global central banks in dialing back stimulus.

* Britain published legislation on Thursday to sever political, financial and legal ties with the European Union, an important step towards Brexit but one which the opposition said it would challenge.

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