Khaberni - Gold prices fell on Thursday after a rise seen in the dollar following the release of jobs data for January, which came in stronger than expected, leading to lowered expectations for a near-term interest rate cut, as investors await inflation data set to be released on Friday to gather more indicators of monetary policy.
By 0318 GMT, spot gold was down 0.3% at $5065.98 an ounce, having ended the previous session up more than 1%.
U.S. gold futures for April delivery lost 0.2% to $5087.30 an ounce.
Among other precious metals, spot silver fell 0.3% to $83.81 an ounce after rising 4% on Wednesday.
The price of platinum fell 0.3% to $2126.52 an ounce while palladium rose 1.4% to $1722.67.
