* Euro slumps to three-month low
* Spot gold hits near three-week low, on track for weekly decline
* Silver, platinum and palladium set to end week lower
* Spot gold may revisit $1,260.16 - Technicals
(Adds details and comments, updates prices) Oct 27 (Reuters) - Gold prices drifted in a narrow range on Friday after hitting a near three-week low in early trade as the dollar gained against the euro after the European Central Bank extended its bond buying programme.
Spot gold was roughly unchanged at $1,267 per ounce
as of 0253 GMT after touching its lowest since Oct. 6 at $1265.08. Gold was headed for an about 1 percent weekly decline.
U.S. gold futures for December delivery shed 0.1
percent to $1,268.00. "How gold finishes the week will now be entirely at the whim of the U.S. dollar and U.S. yields with little to no geopolitical safe haven premium left in the price," said Jeffrey Halley, a senior market analyst with OANDA, in a note. "The futures market is still constructively long the yellow metal, and this will continue to weigh on prices as fresh buyers appear to be few and far between." The dollar stood tall on Friday, on track for weekly gains, while the euro slumped to three-month lows after the European Central Bank extended its bond purchases and reduced the chances that it would hike interest rates in 2018. A strong greenback makes dollar-priced gold costlier for non-U.S. investors. "It looks like we are going to be heading a bit lower from here, from both the fundamental and technical points of view," INTL FCStone analyst Edward Meir said. "The next support for gold prices is the Oct. 6 low ($1,260.2) and if it breaks that, next support is around $1,257. The key support lies around the $1,262.80 level and once it breaches that, it could spur more fund selling." Spot gold may revisit its Oct. 6 low of $1,260.16 per ounce as it has broken a support zone of $1,271-$1,268, according to , Reuters technical analyst Wang Tao. An impending decision on the U.S. Federal Reserve's next chair could also be an important driver for the metal, analysts said. President Donald Trump's search for the next Fed chair has come down to Fed Governor Jerome Powell and Stanford University economist John Taylor, Politico on Thursday cited one source as saying, while another counselled caution. Meanwhile, the U.S. House of Representatives helped pave the way on Thursday for deep tax cuts sought by Trump and Republican leaders, underpinning the greenback. Gold is likely to flatline for another year in 2018 as rising U.S. interest rates clip momentum, a Reuters poll showed on Thursday. Autocatalyst metal palladium will struggle to maintain its recent push to 16-year highs above $1,000 an ounce.
Silver prices were little changed at $16.74 per ounce, platinum dipped 0.4 percent, to $914, while palladium was 0.2 percent lower at $967.05. All three
metals were on track for weekly declines.
(Reporting by Arpan Varghese in Bengaluru; Editing by Sonali Paul and Gopakumar Warrier)