Gold prices were flat on Friday in Asia but are on track to log a seventh straight week of gains.
Gold futures for August delivery on the Comex division of the New York Mercantile Exchange were unchanged at $1,420.90 a troy ounce by 12:09 AM ET (04:09 GMT).
All eyes are now on U.S. non-farm payroll, which are expected to have jumped by 160,000 in June compared with 75,000 in May. The data is due later in the day.
On Wednesday, a report from ADP (NASDAQ:ADP) and Moody’s Analytics showed private payrolls rising by 102,000 in June.
Weaker-than-expected figure from the jobs report could raise expectations that the U.S. Federal Reserve would cut interest rates at its upcoming monetary policy meeting on July 30 and 31.
Source : Investing.com