Gold edges up in early trade, set for third straight weekly gain
Spot gold was up 0.2% at $1,281.30 an ounce at 0107 GMT. Bullion, which has risen 0.7% this week so far, fell 1% on Thursday to notch up its biggest one-day loss since May 24.
Asian physical gold demand remained subdued this week as the metal rallied to its highest in nearly two years, with discounts in India widening the most in three-and-half-months. Representational Image. Image Source: Reuters/Bobby Yip