Gold futures settled flat on Thursday, with caution ahead to the monthly jobs report which will gauge Federal Reserve’s aggressive interest rate hike plans. US September nonfarm payrolls is due on Friday and its likely to impact on the November Federal Reserve meeting.
Gold futures for December settle flat at previous closing $1720.80 an ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $ 2.19 or 0.13% to $ 1,710.34 per ounce.