Gold recovered its positive position in Thursday's trading session by regaining the level above $2,740 after the United States (US) released favorable macroeconomic data even as demand for the US Dollar remained weak.
As of 9.40am, the price of gold was at $2,733.18, down 0.11% since it opened in early Asian trading on Friday.
Meanwhile, the position of the USD currency was not able to restore its stability at a time of increased market anxiety about the results of the US election.
Wall Street traded mixed with the Dow Jones Industrial Average (DJIA) down about 0.45% for the day while the S&P500 and Nasdaq Composite traded in positive territory.
Key sentiment for the USD following US Treasury yields retreated modestly after peaking earlier this week.
At the end of the week, macroeconomic data will focus on US Durable Goods Orders for September and the October Michigan Consumer Sentiment Index.
The upbeat numbers are likely to give a boost to the USD heading into the weekly close.
