Gold edged above $910 per ounce on Friday, but stayed below a five-week high of $925.15 hit the previous day as its safe-haven allure waned on the view that global economic woes could be easing. Trade was slow as many dealers were taking a wait-and-see attitude before key U.S. monthly jobs data at 1230 GMT. U.S. employers are expected to have cut 590,000 jobs in April, after slashing 663,000 in March, a Reuters survey estimated. Job cuts, falling home values and big stock losses led to a drop of $11.1 trillion, or about 18 percent, in U.S. households' wealth in 2008, Federal Reserve data show, one of the biggest drags on the global economy. Spot gold was at $912.90 per ounce at 0326 GMT, up 0.4 percent from New York's notional close of $909.05. "It will be a $910 and $917 trading range for the day time, as there's the U.S. jobs data coming out tonight. The market wants to see if the data comes in better than expected or not," said Ronald Leung at Lee Cheong Gold Dealers. Even if the job cut number comes in much smaller than the consensus and hits demand for gold as a safe-haven asset, the metal is seen well supported at or just below $900 as investors maintained their interest in gold, he said. "I think they will buy...They're waiting for the right timing to buy," he said. The results of the stress tests on U.S. banks late on Thursday provided no real surprises, but assured that the sector was in progress to restore credibility, a factor tempering once-aggressive demand by investors, analysts said.

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