Gold prices fall, weekly loss on track.

Gold prices fell 1% on Friday, on track for a weekly loss, as optimism around the U.S.-China trade talks and the possibility of a Brexit deal diminished some save-haven interest in bullion, while palladium scaled a new record peak.

Spot gold fell 0.6% to $1,485.53 per ounce at 1323 GMT, after touching their lowest in over week at $1,479.31, heading towards a weekly decline of about 1%. U.S. gold futures slid 0.7% to $1,490.20.

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