Expectations of further interest rate hikes from the US Federal Reserve and its global counterparts have clouded the outlook for bullion. However, the price of gold is expected to see its first quarterly fall in three quarters

Spot gold was down 0.3% at $1,901.99 per ounce at 0849 GMT, down 3.4% for the quarter ending June 30. U.S. gold futures fell 0.4% to $1,909.80

Gold briefly fell below the key $1,900 level on Thursday for the first time since mid-March, as a series of data over the week painted a resilient American economy and strengthened bets for further policy tightening.

Cash fell 0.8% to $22.3613 per ounce. Platinum fell 0.4% to $891.01, and was poised for its biggest monthly drop since March 2020

Palladium lost 0.5% to $1,223.55, and headed for its third quarterly fall, down 16%.