Gold prices slipped after a stronger-than-expected reading of US gross domestic product (GDP) data in the fourth quarter.
The Asian session saw the yellow metal trade at around $1,930 an ounce, down from a 9-month high it hit on Thursday of $1,949 an ounce.
The US economy unexpectedly grew 2.9% in the fourth quarter, beating expectations for a 2.6% increase, but slower than the 3.2% recorded in the previous quarter.
Also, separate data showed the labor market remained strong with the number of jobless claims recording a decline last week.
This strengthening has lifted the US 10-year treasury yield to rise, thus limiting gold trading.
The US dollar also showed a bullish reaction early in the release of the data, but fell back causing it to remain traded lower than its main rivals.
Investors are now focusing on the release of core personal consumer spending (PCE) data in the upcoming New York session.
