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PRECIOUS-Gold gains on bleak economic outlook; set for 2nd weekly fall Markets eye U.S. nonfarm payroll data due at 1330 GMT * Platinum set for biggest weekly fall since Aug 2018 * Palladium on track for first weekly decline in five By K. Sathya Narayanan March 8 Gold edged up on Friday as investors worried about a sharp slowdown in global growth after the European Central Bank (ECB) slashed growth outlook and weak Chinese data, but a rally in dollar kept bullion on track for its second weekly decline. Spot gold was up 0.3 percent at $1,289.81 per ounce as of 0548 GMT. The metal, earlier this week, hit an over five-week low and was down about 0.2 percent so far this week.U.S. GCv1 were up 0.3 percent at $1,289.80 an ounce.The was holding near a three-month peak hit in the previous session, while the euro wallowed close to a 21-month low against the dollar after the ECB postponed an interest rate hike until 2020. FRX/ decision echoed U.S. do llar strength, and we saw risk a