Investing.com - Gold prices moved lower on Friday, but losses were expected to remain limited as markets were jittery ahead of a U.S. jobs report due later in the day and the U.S. presiential election next week.
On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 0.29% at $1,299.95.
The December contract ended Thursday’s session 0.37% lower at $1,303.30 an ounce.
Futures were likely to find support at $1,287.30, Thursday’s low and resistance at $1,307.00, Wednesday’s high and a one-month peak.
Investors were looking ahead to the U.S. nonfarm payrolls report due later in the day for further indications on the strength of the job market, after U.S. payroll processing firm ADP reported on Wednesday that non-farm private employment rose less than expected last month.
Meanwhile, investors remained cautious after the FBI said last Friday that it would review more emails related to Hillary Clinton's private email use while she was secretary of state.
The news sparked fresh uncertainty over Mrs. Clinton’s election prospects ahead of the November 8 vote, amid fears over the implications of a victory for Republican candidate Donald Trump.
Elsewhere in metals trading, silver futures for December delivery dropped 0.78% to $18.273 a troy ounce, while copper futures for December delivery slipped 0.18% to $2.245 a pound.