LIVE GOLD UPDATE !!!!
Data from the U.S. released overnight said that 1.877 million Americans filed unemployment claims over the past week.
Investors are awaiting the release of U.S. non-farm payrolls data later in the day, with payrolls predicted to fall by 8 million in forecasts prepared by Investing.com.
Gold futures were down by 0.66% at $1,716.05 by 12:14 AM ET (5:14 AM GMT), with even the safe-haven asset infected by the dismal data.
Stocks, which usually move inversely to gold, were mixed on Friday.