Gold futures rise 0.2% to $2,756.90 a troy ounce, and are set to end the week up 1.5%. The precious metal has managed to notch up gains despite headwinds from a stronger U.S. dollar, says Saxo Bank's Ole Hansen in a note.

Gold prices were pressured by an uptick in the U.S. dollar on Friday, but remained on track for a weekly gain as uncertainties around incoming President Donald Trump's policies and renewed bets of further rate cuts lifted bullion above the key $2,