Pakistan, June 7 -- Gold rose on Friday and was set for weekly gains, as a spate of soft U.S. economic data outweighed initial optimism over U.S. President Donald Trump's call with his Chinese counterpart Xi Jinping, while investors awaited U.S. payroll data.

Spot gold was up 0.3% at $3,363.33 an ounce, as of 0548 GMT. Bullion has gained 2.3% for the week so far.

U.S. gold futures climbed 0.4% to $3,387.

Trump and Xi engaged in a rare leader-to-leader call on Thursday, addressing escalating trade tensions and disputes over critical minerals, though key issues remain unresolved.

"Some of the initial enthusiasm for risk appetite following the Trump-Xi call has started to wear off, which has enabled gold to creep higher," said Tim Watere...