Gold prices were steady on Thursday as renewed hopes for more U.S. stimulus kept the bullion afloat, with investors eyeing the weekly jobless claims data to further gauge the health of the world’s largest economy.
Spot gold was little changed at $1,886.69 per ounce by 0100 GMT, having risen as much as 1.1% in the previous session.
The dollar index was steady against rivals after declining overnight.
Gold tends to benefit from widespread stimulus measures as it is widely viewed as a hedge against inflation and currency debasement.
Silver was steady at $23.83 per ounce, platinum was up 0.1% at $865.21, while palladium was flat at $2,352.18.