Gold heads for worst week since June on Syria, Fed

SINGAPORE: Gold reversed early gains and fell to its lowest in more than a month on Friday as U.S. futures extended losses on fears the United States would curb its stimulus soon and as a U.S. strike on Syria looked less likely.

 Purchases from jewellers in Hong Kong and mainland China initially helped gold gain more than half a percent, but heavy selling of New York COMEX and bullion futures on Tokyo Commodity Exchange spilled into the cash market.