While weak U.S. economic data has strengthened expectations that the Federal Reserve will pause its tightening cycle after another rate hike next month, gold prices fell on Friday, while the dollar strengthened stabilized.

U.S. gold futures fell 0.3% to $2,013.70 and spot gold was down 0.1% to $2,001.75 per ounce at 0342 GMT, after rising 1% on Thursday. Ilya Spivak, head of global macro at Tastylive said that gold prices have been moderate in the absence of a real flow of new inflows and that they really need to see more important pieces of information to give this directional conviction. According to ANZ in its note, “gold has returned to above $2,000 per ounce as the weaker economic outlook attracts buyers of safe stocks.”

Spot silver fell 0.3% to $25.22 per ounce, while platinum remained stable at $1,093.33 and palladium rose 0.5% to $1,594.26.