Global gold prices on Friday held near 3-1/2 month highs hit the session before to remain on track for their fourth-straight weekly gain.
Spot gold was down 0.1 per cent at $1,321.86 an ounce at 0336 GMT. US gold futures were up 0.1 per cent at $1,323 an ounce.
Spot gold marked its highest since Sept. 15 at $1,325.86 on Thursday on a weaker dollar. It has risen 1.5 per cent so far this week, reports Reuters.
Spot gold's 14-day relative strength index (RSI) was at 73. An RSI above 70 indicates a commodity is overbought and could herald a price correction, technical analysts said.
Among other precious metals, spot palladium was steady at $1,096.40 after hitting a record-high on Thursday at $1,105.70.
Palladium's price jumped 56 per cent last year on fears of a shortage fuelled by Chinese car sales growth, tightening emissions controls and a swing away from diesel cars in Europe.
Spot silver was down 0.1 per cent at $17.21, after touching its highest in over six weeks at $17.27 in the previous session.
Spot platinum rose 0.2 per cent to $961.90 an ounce. It hit a 3 1/2-month peak at $965.40 on Thursday.