Gold prices reversed course in Asia on Friday and fell as consumer prices in Japan came in a bit better than expected on the core measure and investors look ahead to Fed Chair Janet Yellen for direction on U.S. interest rates.

On the Comex division of the New York Mercantile Exchange, gold for June delivery eased 0.37% to $1,215.85 a troy ounce.

Silver futures for July delivery fell 0.51% to $16.260 a troy ounce.

Overnight, gold closed virtually flat on Thursday, amid strong U.S. economic data and a slightly lower dollar, as investors await a highly-anticipated appearance from Federal Reserve chair Janet Yellen for further signals on whether the U.S. central bank could raise interest rates at a closely-watched meeting next month.

Source: Investing.com