Gold held steady on Friday, after rising over one percent in the previous session, as equities fell on weak corporate results and the dollar eased but the metal remained on course for a second straight weekly decline.

Spot gold edged up 0.1 %at $1,332.56 an ounce at 0051 GMT. Bullion rose 1.2 % on Thursday, but was down about 0.4 percent for the week.

 U.S. gold was up 0.1 % at $1,332.80 an ounce.

The U.S. Federal Reserve will wait until the fourth quarter before raising interest rates, likely in December after the presidential election, according to a Reuters poll which once again showed subdued inflation expectations.

U.S. home resales hit their highest in nearly 9-1/2 years in June as low interest rates lured first-time buyers into the market and the number of Americans filing for unemployment benefits fell last week, underscoring the economy's strength. 

 SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.22% to 963.14 tonnes on Thursday.

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