The gold price has stabilized on Friday after trading volatility in the previous session; It is expected to

record weekly drop Because of the improved U.S. economic data, which cause fears of The withdrawal of

monetary stimulus soon.

 investors await us jobs data that may provide further indications of the likely timing of the withdrawal of

stimulus measures in the largest economy in the world.

gold price in the spot market rose from 0.3% to $ 1228.09 an ounce.

The yellow metal heads to the weekly loss of 2% after falling to its lowest level in five months earlier this

week.

And prices fell 2%, after data showed that U.S. economic growth in the third quarter of the year is higher

than initial estimates.

The Federal Reserve (US Central Bank) has linked reducing its program to buy bonds to improvement in

the labor market.

Gold prices benefited from the stimulus whereby the bank buys bonds worth 85 billion dollars a month,

which enhances the attractiveness of gold as a hedge against inflation.

The price of silver rose from 0.7% to 19.47 dollars per ounce, while platinum fell from 0.16% to 1355.75

dollars per ounce, and palladium down from 0.2% to 730.6 dollars per ounce.