Gold prices were flat for a third session Thursday, as markets looked to steady after another drubbing yesterday.
U.S. initial jobless claims for the first full week of January, meanwhile, rose by 7,000 to a seasonally adjusted 284,000, the Labor Department said this morning.
The four-week moving average of jobless claims was at its highest since July.
The Federal Reserve is now widely expected to keep interest rates on hold near 0.25 percent when it meets later this month.
The Bank of England maintained its record low interest rate and quantitative easing unchanged as expected today.
Until then, gold prices are likely to remain in limbo.
Gold for February was down 1 dollar at $1086 an ounce.
The material has been provided by InstaForex Company – www.instaforex.com