Gold pared gains after hitting a five-month high earlier on Friday after U.S. jobs data dampened expectations that the U.S. Federal Reserve would raise interest rates and amid rising global security tensions.
U.S. employers added the fewest number of workers in 10 months in March, boosting gold which is most attractive to investors in a
Spot gold was up 0.36 percent at $1,255.82 per ounce, after earlier climbing to its highest since Nov. 10 at $1,270.46 and on track for a fourth straight week of gains.
U.S. gold futures for June delivery hit a high of $1,273.30 earlier in the session, the highest since Nov. 10. However, futures lost most of their gains, trading up $4 to settle at $1,257.30.