PRECIOUS-Gold eases on Brexit deal, global growth concerns limit losses

* Palladium eyes strongest week since Sept. 13
* China's Q3 economic growth weakest in nearly three decades
* Brexit parliament vote on Saturday
* GRAPHIC-Gold vs currencies: http://tmsnrt.rs/1JxbO6Y

(Updates prices)
By Sumita Layek
Oct 18 (Reuters) - Gold fell on Friday after a Brexit deal
was struck by Britain and the European Union, though losses were
limited by weak economic data from the United States and China.
Spot gold XAU= was down 0.2% at $1,489.02 an ounce at 1143
GMT. U.S. gold futures GCv1 fell 0.4% to $1,492.50.
The European Union backed a new Brexit deal with Britain on
Thursday, more than three years after Britons voted in a
referendum to leave the bloc.
"The focus is on Brexit. The risk of a no deal Brexit has
dropped and overall the sentiment on the Brexit front has
improved a lot, but now it's just the uncertainty of the vote,"
said ABN Amro analyst Georgette Boele.
Prime Minister Boris Johnson now faces a Brexit showdown
with parliament on Saturday. "If the Brexit deal goes through, there will be a bit of
pressure on gold, because there are a few investors who bought
gold on the Brexit story," Boele said.
Gold denominated in sterling XAUGBP=R hovered close to a
near three-month low hit on Thursday.
Meanwhile, China's third-quarter economic growth slowed more
than expected to its weakest pace in almost three decades.
This came after U.S. data showed retail sales falling for
the first time in seven months in September, suggesting that
manufacturing weakness could be spreading to the broader
economy, while industrial output for last month also dipped.
"Economic data out of U.S. and China are in favour of
further (monetary policy) easing that will be supportive for
gold," said SP Angel analyst Sergey Raevskiy.
The underlying momentum in gold is still positive because
stimulus from central banks is still on the agenda, the economy
is struggling to pick up in the face of trade war and there are
geopolitical risks in the Middle East, Turkey and Syria while
Brexit is still not quite out of the way, he added.
The U.S. Federal Reserve is set to meet at the end of the
month to decide on further interest rate cuts this year. FED/
Palladium XPD= fell 0.1% to $1,757.07 an ounce, a day
after hitting a record high of $1,783.21. The autocatalyst metal
was up 3.4% on the week and on course for its biggest gain since
the week ended Sept. 13.
"The palladium market is still structurally tight, keeping
prices resilient, with intermittent volatility," ANZ Bank said
in a note.
Platinum XPT= was down 0.4% at $884.07 while silver XAG=
fell 0.3% to $17.45.