SINGAPORE: Gold steadied on Friday after two losing sessions but was headed for its second weekly drop in three weeks on growing optimism about the US economy and selling in the top bullion-backed exchange-traded fund.
Silver, with a 3% loss, is headed for its worst weekly performance in six weeks. Precious metals investors are eyeing US jobs data later in the day for further clues on the economy, which has shown strength in recent weeks after a severe winter hurt the first quarter.
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