Gold is steady in the early Asian session, underpinned by U.S. President Trump's call for lower interest rates that would bolster the allure of the non-interest-bearing precious metal.
Trump said Thursday that he would like to see rates "come down a lot" and implied that steps to keep a lid on price pressures were an important precursor to lower rates.
Also, gold could remain well supported by several factors including expectations of continued institutional demand, says Ramy Zeytouni, market analyst at Ramy Zeytouni LLC, in an email.
Spot gold is little changed at $2,755.20/oz.
Source: Dow Jones Newswires
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