Gold prices were flat on Friday, late in a seesaw session that took prices to a 13-month high twice on technical and underlying investment demand, with a sharp drop in between due to forecast-beating U.S. payrolls data.
In early trade, spot gold hit its highest in 13 months, and did so again later at $1,279.60 an ounce. The precious metal has been driven up 19 percent this year by economic concerns, which sparked volatility in equities and oil prices and boosted gold's appeal as a safe haven.
Strong investor interest continued to underpin gold prices even after the payrolls data. Spot gold was down 0.02 percent at $1,258.71 an ounce, after falling 1.1 percent to $1,249.90.
Gold futures for April delivery settled up 1 percent at $1,270.70 an ounce and last traded at $1,260, up 0.14 percent.