Gold futures ended flat on Friday but finished lower for the week, as improved risk appetite in markets diverted flows away from safe-haven assets. The Trump administration's confirmation that gold tariffs would not be imposed eased the market's panic that had sent gold soaring late last week,

Global markets mostly rose and U.S. futures were up on continued hopes the Federal Reserve would cut rates next month.

The futures on the S&P/TSX index rose 0.04% by 05:30 a.m. ET (0930 GMT), following the S&P/TSX composite index's losses on Tuesday, when a hotter-than-expected U.S. inflation report clouded hopes for a Federal Reserve interest rate cut.