Gold was flat in thin trade on Friday, headed for its biggest weekly gain in more than a month,
but the credit downgrade of Spain and its impact on the euro may weigh on market sentiment.
but the credit downgrade of Spain and its impact on the euro may weigh on market sentiment.
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AP
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4.19 (+0.25%) 
] was little changed at $1,666.74 an ounce by 0006 GMT, on course for a weekly rise of 1.9 percent, its biggest such gain since early September.
U.S. gold futures [GCCV1 1671.10 2.60 (+0.16%) ] were nearly flat at $1,669.00.
2.60 (+0.16%) ] were nearly flat at $1,669.00.
Ratings agency Standard and Poor's downgraded the long-term credit rating of Spain by one notch on Friday, knocking the euro down by a third of a U.S. cent as it followed hard on the heels of a similar downgrade by Fitch last week.
The number of Americans filing new claims for jobless benefits dipped last week and the U.S. trade deficit narrowed slightly in August, signs that point to a slight strengthening
in growth.
in growth.
Slovakia's parliament backed a plan to bolster the euro zone's EFSF rescue fund on Thursday after political parties agreed to hold an early election, concluding the ratification process in all euro zone countries.
Spot platinum [XPT= 1537.74 10.01 (+0.66%) ] edged up 0.1 percent to $1,529.74, headed for a 2.7-percent rise from a week earlier, snapping five weeks of consecutive losses.
10.01 (+0.66%) ] edged up 0.1 percent to $1,529.74, headed for a 2.7-percent rise from a week earlier, snapping five weeks of consecutive losses.
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