Gold fell in volatile trade on Friday after data showed the U.S. economy shed more jobs than expected in January, boosting expectations Washington will act quickly on its fiscal stimulus package. Spot gold was at $909.60/911.60 an ounce at 1524 GMT, against $913.75 late in New York on Thursday. In the immediate wake of the data it jumped to a day high of $919.30.
U.S. gold futures for April delivery on the COMEX division of the New York Mercantile Exchange were up $1.20 to $914.80 an ounce.