Gold inched higher, recouping some earlier losses in line with a firmer euro and bouts of physical buying in some parts of Asia, although signs the U.S. economy is on a better footing were however curbing further gains.
Gold fell on Wednesday as a strong U.S. retail sales report boosted optimism about the U.S. economy.
Gold rose above $1,590 an ounce on Tuesday, gaining nearly one percent following comments by an ECB official that euro zone inflation pressures are abating, which was viewed as an indication of continued monetary easing.
Gold rose slightly, as mixed Chinese economic data and Italy's credit downgrade encouraged some appetite for the metal as a safe haven, but prices were held in check by a firmer dollar.
Gold traded flat, ending the week with a slight gain, after data showed improvement in the U.S. economy but not enough for the Federal Reserve to halt its stimulus, analysts said.
Gold fell after the European Central Bank and the Bank of England did not hint at more economic stimulus, and as encouraging U.S. jobless claims data fuelled optimism about the upcoming nonfarm payrolls report.
Gold was marginally higher on Wednesday, with analysts expecting the breakout in Wall Street to pressure the precious metal's safe-haven appeal.
Gold prices gave up most of Tuesday's early gains, as a rally that snapped four days of losses was not enough to sustain the precious metal.
Gold prices eased on Monday as demand waned for gold-backed exchange-traded funds and investors continued to digest the effect of wide-ranging U.S. government spending cuts on bullion.
Gold mired in negative territory as the dollar extended gains after positive economic data and ahead of impending U.S. budget cuts.
Gold headed towards its longest run of monthly declines in more than 16 years, as an improved economic backdrop and lower inflation concerns continued to blunt its appeal to investors.
Gold fell 1 percent, nearly erasing all of the previous session's gains, hit by disappointment over a lack of new Federal Reserve stimulus and deflation worries over across-the-board deep U.S. spending cuts.
Gold rose 1.3 percent, its biggest one-day gain in three months, as Federal Reserve Chairman Ben Bernanke's defense of U.S. bond-buying stimulus boosted bullion's inflation-hedge appeal.
Gold rose on Monday, as euro zone fears related to an uncertain outcome for Italy's election lifted safe-haven buying.
Gold retreated under $1,600 an ounce on Friday, paring earlier gains in line with the euro and stock markets, and stayed on track for a second straight weekly loss.
Gold rose 1 percent on Thursday as weaker U.S. economic data boosted hopes that the Federal Reserve will maintain its monetary stimulus, allaying fears that the U.S. central bank may stop buying assets soon.
Gold fell below $1,600 an ounce to a seven-month low, as rumors of a troubled hedge fund forced to liquidate positions triggered a sell-off of commodities.
Gold reversed earlier gains on Tuesday, as physical buying from Asia that drove a recovery from six-month lows eventually gave way to selling.
Gold slipped Monday but was off its six-month low, helped by buying from Asia, where Chinese participants returned to the market from a one-week holiday.
Gold tumbled to a six-month low on Friday, breaking through technical support near $1,630 an ounce, as the euro weakened against the dollar ahead of a G-20 meeting.