Gold rebounded on Friday before a meeting of euro zone finance ministers that could put Greece on its way to exiting the bloc, but prices were still headed for their fourth straight weekly drop.
Spot gold, lower initially, was up 0.1 percent at $1,211.60 an ounce. The metal has lost 1.6 percent so far this week, dipping to its lowest in six weeks at $1,197.56 on Wednesday, when hopes for a successful resolution to Greece's debt talks boosted investor appetite for risk.
U.S. gold futures for April delivery were down $1.40 an ounce to $1,206 on the day
The dollar rose against the euro after German news magazine Der Spiegel reported that European Central Bank officials are preparing for a departure of Greece from the euro zone.
