Gold prices stabilize after a period of decline

Gold prices steadied Friday supported by tensions in Ukraine while watching the flow of funds , investors and the actual demand in Asia for more guidance.

But gold is on track for a second weekly decline in a row after U.S. data showed that the U.S. economy is recovering well and is what supports the position of the Federal Reserve to continue to reduce monetary stimulus package .

By the time 0641 GMT, did not occur to the spot price of gold was little changed as trading at 1290.25 dollars per ounce .

The precious metal fell 0.7 percent so far this week .

Silver rose in online transactions 0.1 percent to 19.16 dollars an ounce .

Platinum dropped 0.06 percent to 1431.6 dollars and palladium rose 0.06 percent to hit $ 801 an ounce .

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