Gold up

Bengaluru : Gold rose and was set to post a small gain for a second week running, supported by tensions over Syria.

Spot gold rose 0.4 percent to $1,339.71 an ounce as of 0324 GMT, and was set for a weekly gain of 0.5 percent.

U.S. gold futures were up 0.1 percent at $1,342.70 an ounce.

Spot gold is expected to rise to $1,348 per ounce, as it has found a support at $1,334, said Reuters´ technical analyst Wang Tao.

Prices are gaining on tensions over Syria, that has stoked geopolitical concerns, said Richard Xu, a fund manager at HuaAn Gold, China´s biggest gold exchange-traded fund.

President Donald Trump and his national security aides on Thursday discussed U.S. options on Syria, where he has threatened missile strikes in response to a suspected poison gas attack, as a Russian envoy voiced fears of wider conflict between Washington and Moscow.