Gold was on track for a 8.2 percent quarterly rise on Friday, its best quarter in a year, as uncertainty over President Donald Trump's tax and investment plans and a series of elections in Europe fuelled demand for bullion as a safe haven.
Spot gold was up 0.56 percent at $1,249.89 per ounce. U.S. gold futures for April delivery rose $2.30 to settle at $1,247.30. Gold futures for June delivery gained $3.20 to settle at $1,251.20.
It was on track to end the week down 0.2 percent.Though well ahead on a quarterly basis, gold fell 0.7 percent on Thursday, its biggest one-day drop in more than three weeks, after a failure to break resistance at its 200-day moving average triggered technical selling.