Gold Prices Steady Ahead of US Jobs Report

Gold prices remained steady on Thursday as markets awaited key US jobs data to gauge the Federal Reserve's next policy move.

The spot gold price was flat at $4,155.65 per ounce, while US gold futures were also unchanged at $4,185.40.

The crucial US nonfarm payrolls report for September is scheduled for release on Friday, which could influence the Fed's decision on interest rates.

A stronger US dollar has made dollar-priced metals more expensive for holders of other currencies, contributing to gold's steady price.

Despite recent data showing moderate inflation and reduced expectations for an October rate hike, traders still see a 87% chance of a December rate increase, which could weigh on gold prices.