The most active gold contract for August delivery fell 3.7 U.S. dollars, or 0.2 percent, to close at 1,852.8 dollars per ounce.
Gold rose 0.1 percent for the week.
Gold was under additional pressure as the European Central Bank met on Thursday and plans to raise interest rates beginning July, the first time since 2011, in an effort to tame soaring inflation in Europe.
The U.S. Labor Department reported Thursday that U.S. initial jobless claims increased 27,000 to 229,000 in the week ending June 4, the highest level since January, supporting gold somewhat.
Silver for July delivery fell 27.7 cents, or 1.25 percent, to close at 21.817 dollars per ounce. Platinum for July delivery fell 35.7 dollars, or 3.53 percent, to close at 975.9 dollars per ounce.
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