Gold hit its highest in nearly four weeks on Friday in response to a weaker U.S. dollar and political uncertainty that led investors to shun riskier assets in favor of bullion.
Leaders of the world's richest nations face difficult talks with Donald Trump at a G7 summit in Sicily on Friday after the U.S. president criticized NATO allies for not spending more on defense and accused Germany of "very bad" trade policies.
As a result of this shakiness, spot gold gathered 0.9%at $1,266.20 U.S. per ounce, and gold futures south of the border gained 0.8% to $1,266.20 U.S. an ounce.
Data on Friday showed U.S. gross domestic product increased at a 1.2% annual rate in the first quarter instead of the 0.7% pace reported last month, supporting the greenback.
Among other precious metals, spot silver was up 1% at $17.29 U.S. and was on track to gain 3.3% this week, its biggest weekly rise since early January.
Platinum rose 1.1% to $956.74 U.S., after hitting $961.24 earlier, its highest in a month, and completing a week in which platinum shot higher 2.8%, its sharply weekly hike since January.
Palladium was up 2.5% at $790.25 U.S. and has gained 1.8% this week, its first weekly gain this month.
