Gold struggles for momentum as investors focus on US jobs data

Gold prices remained relatively stable on Thursday as investors avoided making significant moves ahead of the release of U.S. payrolls data, which could offer additional insights into the potential scale of an anticipated rate cut this month.

Spot gold was unchanged at $2,494.54 per ounce, as of 0054 GMT. U.S. gold futures were little changed at $2,524.50.