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• Gold eased on Friday to stay on track for its first monthly loss this year, as hints from leading central banks that the era of easy money may be coming to a close pushed bond yields higher.

• Spot gold was down 0.3 percent at $1,241.41 an ounce by 2:34 p.m. EDT (1834 GMT), while U.S. gold futures for August delivery settled down 0.3 percent at $1,242.30.

• Spot prices have fallen nearly 2 percent so far in June, and are down 0.4 percent on a quarterly basis. After a strong performance in the first quarter, they are still set to end the first half of the year up 8 percent.

• Germany's benchmark bond yield recorded its biggest weekly jump since December 2015 as investors appeared to position for an end to the era of ultra-easy monetary policy. [GVD/EUR]

• U.S. Treasury yields rose for a fourth straight day as inflation data was not seen as weak enough to delay the Federal Reserve's expected path on interest rate hikes

Germany's benchmark bond yield recorded its biggest weekly jump since December 2015 as investors appeared to position for an end to the era of ultra-easy monetary policy. [GVD/EUR]

• Rising yields helped offset the positive impact of a weaker dollar on gold. The U.S. currency was on course for its worst quarter in seven years, recovering only marginally against major peers after a week of hawkish central bank rhetoric. 

"The U.S. dollar has softened, though this does not appear to have had the positive effect on price as we might have hoped," MKS said in a note.