Gold held a weekly decline marking its worst run in 11 years before a U.S. payrolls report that will guide the Federal Reserve in determining when to raise interest rates.
Bullion for immediate delivery was at $1,089.30 an ounce by 10:58 a.m. in Singapore from $1,089.55 on Thursday, when prices gained 0.4 percent, according to Bloomberg generic pricing. The metal is 0.6 percent lower this week and is headed for a seventh weekly drop in the worst slump since 2004.
