Gold held steady on Friday amid tumbling equity markets, but a firmer dollar and worries about rising global interest rates weighed on prices.
Spot gold was mostly unchanged at $1,319 an ounce, at 0715 GMT. Prices touched their lowest since Jan. 4 at $1,306.81 on Thursday.
Spot gold was down 1 percent for the week and headed for its second straight weekly drop due to a recovery in the dollar.
The dollar index, which measures the greenback against a basket of currencies, has risen over 1 percent so far this week, its best since the week ended Oct. 27, 2017. The index rose 0.22 percent at 90.42 on Friday.
U.S. gold futures were down 0.39 percent at $1,313.90 per ounce.
Asian stocks tumbled on Friday after Wall Street shares suffered yet another big slide amid worries over rising bond yields, while perceived havens such as the yen and Swiss franc
drew demand amid the turmoil.