Mubasher: Gold prices ended Friday in losses, recording its first weekly decline in three weeks, amidst the recovery of the US dollar, and a decreasing demand on safe-heaven.

The precious metal futures for June delivery went down 0.8%, or $10.5, to reach $1,338.30 per ounce, falling 0.7% in week.

Spot Gold was last seen near $1340.5 per ounce, losing 0.4%.