The bullion market maintained its high momentum since the week opened following the mixed US jobs report, the increasing tension of the conflict between the United States and Venezuela and the statement by Fed Governor Christopher Waller.
At 9 am, the price of gold was at $4,332, down 0.12% since it opened in early trading Thursday in the Asian session.
The latest jobs report showed a mixed Non-Farm Payrolls (NFP) release with October data showing that the economy shed 105,000 workers, while for November it showed an increase of 64,000.
In addition, the Unemployment Rate jumped, from 4.4% to 4.6%, exceeding the Fed officials' forecast of 4.5% for the end of the year.
However, expectations for a rate cut in January remained unchanged, around 24%.
Turning to geopolitical conflicts, US President Donald Trump ordered a blockade of oil tankers that were blocked from entering or leaving Venezuela.
The conflict could drive gold prices higher and break all-time highs.
