Gold Silver Reports (GSR – INDIA) – Spot gold was 0.1 per cent higher at $1,268.24 an ounce by 0057 GMT. It touched its lowest since Dec. 19 at $1,260.84 on Thursday. US gold futures for August delivery were nearly unchanged at $1,270.20 per ounce.
The dollar index , which measures the greenback against a basket of six major currencies, stood at 94.818. It hit 95.529 in the previous session, its highest since mid-July 2017.
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labour market conditions.