Gold slipped sharply on Friday after stronger than expected U.S. payrolls data for June but rebounded quickly, underpinned by concerns over the outlook for financial markets after Britain's Brexit vote.
U.S. gold futures for August delivery, which fell as low as $1,336.30 an ounce in the wake of the jobs data, settled down $3.70 at $1,358.40 and were last up $5.50 at $1,367.20.
Spot gold was trading up 0.46 percent at $1,366.40 an ounce, after it hit a low of $1,335.68 an ounce in the wake of data.
"What we had was very much knee jerk reaction, which is very normal for the US NFP data," wrote Naeem Aslam, chief market analyst at Think Markets UK. "As dust clears out and investors look through it, it becomes clear that we are still in a very messy environment and if even one of the major economic data due next week prints a lower reading, this positive optimism may fade away faster than you think."
The U.S. created 287,000 jobs in June, massively topping analyst expectations.
The national unemployment rate rose slightly more than expected in June, to 4.9 percent, according to the Bureau of Labor Statistics.