Gold rose 1 percent on Friday a day after touching a six-week low as U.S. payrolls missed expectations.
Asian stocks declined on Friday following a global market selloff overnight but upbeat data from China helped cap larger losses.
The US dollar extended a rally after an 8-1/2 year high in services growth and a bigger-than-expected increase in factory orders.
Stocks declined Thursday, with sentiment hit by a larger-than-expected drop in European inflation.
Wall Street was seen opening sharply lower on Friday, as global markets sold off and investors awaited the monthly U.S. employment report.
U.S. bonds rose on Thursday, partially recovering after Wednesday's strong GDP read piqued fears of a forthcoming rise in interest rates.
European shares closed lower on Thursday with investors reacting to quarterly earnings and some disappointing data from the euro zone.
Gold held above $1,300 an ounce, supported by geopolitical tensions and the Federal Reserve's policy meeting this week.
Gold settled near a six-week low on Thursday, ignoring sharp losses in the S&P 500 equities index.
Asian equities were mixed on Thursday as profit-taking overshadowed robust U.S. economic data overnight.
The dollar hovered around 10-month highs ahead of U.S. jobs data on Friday.
Asian equity markets were mostly higher on Wednesday ahead of key risk events in the United States.
Stock futures pointed to a higher open on Wall Street after data had the economy growing 4 percent in the second quarter.
Stocks turned mostly lower Wednesday as better-than-expected growth in the second quarter fostered talk of Fed rate hikes.
U.S. stock-index futures ticked lower on Thursday, as investors awaited a blast of earnings and the usual weekly jobless figures.
Bond yields rose on Wednesday after the Federal Reserve announced that it will taper another $10 billion.
European shares closed lower on Wednesday, as investors reacted to fresh sanctions against Russia, big-name earnings and U.S. GDP.
Gold was trading in a tight range below $1,300 an ounce, as investors nervously awaited the end of a Federal Reserve policy meeting.
The U.S. dollar edged higher against a basket of major currencies on Thursday after labor market data fueled expectations for a hawkish Fed.
Oil prices fell amid excess supplies in Europe and Asia, and despite a larger-than-expected drop in nationwide stockpiles.
Get the best of CNBC in your inbox