Gold prices held steady around one-month highs as investors took a cautious approach ahead of the release of US NFP jobs data.
Early trading in the Asian session saw the yellow metal hovering around $1,940 per ounce, down slightly from the high of $1,947 per ounce reached earlier.
Gold prices have posted sustained gains this week, rebounding further from their lows following a slide in trading in the US dollar and US 10-year bond yields.
The US economy expanded more slowly in the second quarter with growth of 2.1% from 2.4% previously, while private sector ADP employment data showed a weaker increase in employment in August.
This pushed the US dollar lower on Wednesday, before it rebounded to trade steadier today against other major currencies.
Meanwhile, personal consumer expenditure (PCE) data, the main indicator of Federal Reserve (Fed) inflation showed an increase in the annual rate from 4.1% to 4.2% in July.
Investors then turned their attention to the NFP data in the New York session which could provide an indication of the health of the labor market in the US.
