Gold rose in Asia on Friday ahead of a Bank of Japan review on monetary policy that will be watched for the scope of any easing efforts.

On the Comex division of the New York Mercantile Exchange, gold for December delivery rose 0.22% to $1,344.15 a troy ounce.

Silver futures for September delivery gained 0.35% to $20.263 a troy ounce.

nvestors are cautious that the Bank of Japan could fail to meet market expectations by approving only slight easing measures. While Japan prime minister Shinzo Abe unveiled a broad ¥28 trillion stimulus plan on Wednesday, Reuters reported that the Japanese government may only provide as much as ¥7 trillion in direct fiscal stimulus.