Nov 13 (Reuters) - Gold prices were little changed on
Friday, as fears of an economic impact due to a surge in global
cases of COVID-19 countered optimism from the developments in a
potential vaccine.
FUNDAMENTALS
* Spot gold XAU= was steady at $1,876.92 per ounce by 0044
GMT. It was headed for its worst weekly performance since
late-September, declining 3.8% so far.
* U.S. gold futures GCv1 were up 0.1% at $1,874.50.
* The dollar index .DXY held steady but was on track for a
0.7% weekly gain. USD/
* The heads of the Federal Reserve and the European Central
Bank welcomed the encouraging results in trials of a vaccine
candidate for COVID-19 but stressed that the economic outlook
will remain uncertain. * The number of Americans filing new claims for unemployment
benefits fell to a seven-month low last week, but the pace of
decline has slowed and further improvement could be limited by
higher infections and lack of additional fiscal stimulus.
* Top Democrats in U.S. Congress urged renewed negotiations
over a multitrillion-dollar coronavirus aid proposal, but a top
Republican immediately rejected their approach as too expensive.
* European officials warned against COVID-19 complacency and
said measures to control a surge in infections must continue.
* More than a dozen U.S. states have doubled their COVID-19
case loads in the last 14 days, compared with the previous
two-week period, while the global tally has crossed 52.45
million. * The London Bullion Market Association is threatening to
stop bullion from countries including the United Arab Emirates
entering the mainstream market if they fail to meet regulatory
standards, a letter seen by Reuters showed. * Silver XAG= rose 0.1% to $24.26 per ounce. Platinum
XPT= was steady at $879.26, while palladium XPD= was 0.2%
higher at $2,334.99.
DATA/EVENTS (GMT)
1000 EU GDP Flash Estimate QQ, YY Q3
1500 US U Mich Sentiment Prelim Nov