Gold prices slipped on Friday as fears of financial meltdown receded, but analysts say investors expecting only a brief respite from the maelstrom will carry on piling into the precious metal. Stock markets rose on Friday, boosted by news that the United States was working on a programme to subsidise mortgages for homeowners before they fall into loan arrears. [MKTS/GLOB] Rising hopes of financial stability prompted a bout of profit-taking which took spot gold to a session low of $932.80 an ounce. At 1050 GMT it was at $934.80/936.80 an ounce from $945.05 late in New York on Thursday. "We don't expect it to move on dramatically from here, unless things take a turn for the worse in the global economy," said Tom Gidley-Kitchin, an analyst at brokers Charles Stanley.

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