Gold prices barely budged Wednesday morning as traders weighed the latest jobs data fromt he U.S.

Gold for December was down $5 at $1122 an ounce, having seen little movement this week.

Markets await more clues from the Federal Reserve about when they intend to raise interest rates.

The central bank kept rates near zero last week, but signaled they are prepared to tighten either next month or in December.

Federal Reserve Chairman Janet Yellen is due to make opening remarks to the St. Louis Fed community banking conference at 2 pm ET.

Meanwhile, the U.S. economy created 200,000 private jobs in September, according to payrolls processor ADP.

The material has been provided by InstaForex Company – www.instaforex.com