Gold ended near an eight-month low on Friday, dropping almost 1 percent as a lack of physical and investment demand and widespread commodities losses weighed on bullion.
Gold's losses also pressured silver and platinum group metals, with platinum hitting a 2014 low earlier in the session.
For the week, the yellow metal lost 3.1 percent, its biggest weekly drop since May, hurt by fears of an earlier-than-expected interest rate hike by the Federal Reserve.
Bullion fell after data showed U.S. retail sales rose broadly in August and consumer sentiment hit a 14-month high in September, supporting expectations for sturdy economic growth in the third quarter.
"There is very little off-take from the physical sector. There is no demand from India and China. It's just not a lot of general interest in precious metals and commodities," said Bruce Dunn, partner at New Jersey-based precious metals merchant Auramet.