Gold ditched earlier gains in volatile trade amid speeches from U.S. Federal Reserve members.
Spot gold was last up 0.04% at $1,325.10 U.S. an ounce, after having risen 1.5% to $1,341.60.
U.S. gold futures for December delivery were up 0.1% at $1,322.34 U.S.
Federal Reserve Vice Chairman Stanley Fischer told reporters on Friday the decision on whether to hike interest rates should be looking forward, not backward — and the next jobs report will figure into the process.
Earlier Friday, gold gained more than 1% on Friday, breaking a five-day streak lower after Fed Chair Janet Yellen said the case for raising U.S. interest rates has strengthened, although increases should be gradual.
Speaking early Friday morning in Jackson Hole, Wyoming, Yellen cited improvements in the U.S. labour market and expectations for moderate economic growth, reinforcing the view that such a move could come later this year. She did not, however, lay out a clear roadmap for what the Fed needs to see to raise rates.
Silver added 0.8% at $18.65 U.S. an ounce, after hitting an eight-week low of $18.46 U.S. on Thursday.
Platinum was 0.3% lower at $1,065.80 U.S., after falling to a seven-and-a-half-week low of $1,059.50 U.S. Palladium was up 0.03% at $684.20 U.S.
