Canadian maple leafs sit on the faces of one ounce gold coins in London, the United Kingdom, on July 15, 2014.
Chris Ratcliffe | Bloomberg | Getty Images
Gold prices steadied on Friday after hitting a more than one-week low in the previous session, as a retreat in U.S. bond yields and weak economic data countered a stronger dollar.
Fundamentals
Spot gold was flat at $1,806.08 per ounce, as of 0047 GMT, after hitting its lowest since July 12 at $1,791.16 on Thursday.
Bullion is down 0.2% so far this week, after posting gains for the previous four weeks.
U.S. gold futures edged 0.1% higher to $1,807.70 per ounce.
Yields on U.S. Treasuries eased on Thursday after an auction of $16 billion in 10-year TIPS was bid at a record low.
However, the dollar index held close to a 3-1/2-month peak against its rival, making gold more expensive for holders of other currencies.
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