In contrast to copper, which was expected to have a solid week due to additional stimulus measures from copper's major importer China, gold prices slightly changed on Friday as markets assessed divergent predictions for additional rate hikes from the Federal Reserve.

The two instruments were poised to wrap up the week with a range between 0.1% and 0.3%.

Spot gold muted at $1,958.26 per ounce, meanwhile gold futures traded flat at $1,970.45 per ounce.a

Despite the significant fluctuations in price that gold experienced this week, the yellow metal mostly maintained its narrow trading range from the previous month as conflicting signals from the Fed and the U.S. economy provided little signs for a breakout in either direction.

Gold originally declined after the Fed's decision, but it recovered most of those losses on Thursday as traders revised their expectations for further rate increases. Nevertheless, the yellow metal was unable to go above the $1,930 to $2,000 trading range it had become accustomed to over the previous month.