PRECIOUS-Gold hovers below 2-week high, but eyes second weekly gain

Dec 22 (Reuters) - Gold prices traded just below a two-week high on Friday, pressured by a firmer dollar, but was on track to log a second consecutive week of gains. FUNDAMENTALS * Spot gold was down 0.1 percent at $1,265.99 an ounce at 0102 GMT, after hitting $1,268.91 - its highest level since Dec. 6 - in the previous session. * It was up 0.85 percent for the week. * U.S. gold futures slipped 0.1 percent to $1,269.4 an ounce. * The dollar