Gold was little changed on Thursday as the dollar turned positive after the European Central Bank said it made only marginal upward adjustments to its inflation projections, while investors remained cautious ahead of U.S. labor data.
The bank kept interest rates unchanged and ECB President Mario Draghi said inflation would likely remain very low or negative in the next few months.
Spot gold was down 0.1 percent at $1,210.96 an ounce U.S. gold futures settled down 0.2 percent at $1,212.60.
"You're kind of range bound until you're clear on what the trend is of the Fed and of the dollar," said Rob Haworth, senior investment strategist for U.S. Bank Wealth Management in Seattle.
"You don't have any new news to change your view on Janet Yellen or what the Fed will do, and the big news is the job report tomorrow."