Bullion posted modest gains of nearly 1% on Wednesday as the latest US inflation report showed CPI figures slightly in line with expectations.
For now, investors are increasing their bets that the Federal Reserve (Fed) will resume its easing cycle at its September meeting.
At 9.20 am, gold prices were at $3,369.79, up 0.46% since it opened in early trading on Thursday in the Asian session.
The May US Consumer Price Index (CPI) gave gold holders a chance to plan their next move, seeing a lower print compared to April data that cemented gold prices moving to a daily high of $3,360.
In addition, uncertainty over US-China talks opened the door for gold to remain high. US Commerce Secretary Howard Lutnick said they had reached a framework for implementation while awaiting approval from US President Donald Trump and Xi Jinping.
Focusing on the weekend, investors will be watching the release of Producer Price Index (PPI) figures and employment data.
The latest Purchasing Managers' Index (PMI) survey showed that company input prices have increased despite positive May CPI data.
