“Gold has seen some stability here this morning, with some buying after the decline,” said Bob Haberkorn, chief market analyst at (RGO Futures).
However, the yellow metal has retreated again and is poised for a slight weekly decline.
Spot gold fell 0.18% to $2,012.32 an ounce at 4:44 p.m. GMT.
US gold futures also fell 0.25% to $2015.50.
Gold has closed lower in the past two sessions as the rival safe-haven dollar hit a one-week high, making bullion less attractive to buyers holding other currencies.
US Treasury Secretary Janet Yellen said there was still uncertainty about when the cash needed to pay down public debt would run out, and the date could be June 1.
Gold typically makes gains during times of economic or financial uncertainty.
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