Gold prices down in Asia.

Gold prices fell on Friday and was on track for its third weekly fall for the month, restrained as a slew of US economic data beat expectations and the dollar held near multi-week highs against major currencies.

Spot gold fell 0.4% to $1,499.22 per ounce in Asia trading of Friday, declining 1% for the week after a near 2% gain last week.

US gold futures were down 0.6% lower at $1,506.01 per ounce.

Spot gold may test a support at $1,488 per ounce, a break below which could cause a...

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