Khaberni - Gold fell on Thursday from its all-time high, which it reached in the previous session, influenced by profit-taking and a slight increase in the dollar, but it received some support from expectations of further cuts in U.S. interest rates and political uncertainty.
By 01:18 GMT, spot gold had fallen 0.2% to $3,858.50 an ounce after recording its all-time high at $3,895.09 on Wednesday.
The U.S. futures for gold delivery in December dropped 0.4% to $3,883.60.
The dollar index rose 0.1% against competing currencies, making gold more expensive for holders of other currencies.
Data showed that private sector jobs in the United States decreased by 32,000 in September after falling by 3,000 jobs in August, following a downward revision.
The U.S. government has shut down most of its activities, threatening thousands of federal jobs, as divisions between the Republican and Democratic parties prevented Congress and the White House from reaching a funding agreement.
The shutdown may delay the release of economic indicators, including the closely watched non-farm payrolls report, which is expected to be released tomorrow, Friday.
According to CME's Fed Watch tool, traders anticipate a 25-basis point cut in the key interest rate this month.
In other precious metals, spot silver fell 0.5% to $47.07 an ounce. Platinum dropped 0.3% to $1,552.05, while palladium rose 1% to $1,256.93.
