BENGALURU (Reuters) - Gold edged up on Friday after posting its biggest percentage fall in over two weeks in the previous session, and was set to post a small gain for a second week running amid tensions over Syria and a U.S.-China trade stand-off.
* Spot gold
* Gold prices dropped 1.3 percent on Thursday, the biggest one-day percentage fall since March 28, a day after bullion climbed to its highest in 11-weeks.
* President Donald Trump and his national security aides on Thursday discussed U.S. options on Syria, where he has threatened missile strikes in response to a suspected poison gas attack, as a Russian envoy voiced fears of wider conflict between Washington and Moscow.
* British Prime Minister Theresa May summoned her senior ministers to a special cabinet meeting on Thursday to discuss joining the United States and France in possible military action against Syria after a suspected poison gas attack on civilians.
* World trade in goods is maintaining a robust recovery, but it still might falter if trade tensions escalate further, the World Trade Organization said in its annual forecast on Thursday.
* China's commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington's attempts at dialogue were not sincere, and vowed to retaliate if U.S. President Donald Trump escalates current tensions.
* New applications for U.S. unemployment benefits fell last week, pointing to sustained labour market strength despite a sharp slowdown in job growth in March.
* Holdings of SPDR Gold Trust
* Global silver physical demand dropped to its lowest level in five years during 2017, led largely by a steep decline in coin and bar demand, even as industrial demand increased, according to Thomson Reuters GFMS.
(Reporting by Swati Verma in Bengaluru; editing by Richard Pullin)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)