Gold slipped on Thursday as the dollar gained on positive economic data from China and the United States, but held above a key $1,300-an-ounce level as safe haven demand due to North Korean tensions capped losses.
Spot gold was down 0.4 percent at $1,303.11 per ounce at 0638 GMT, but was on track for a near 3 percent monthly gain.
U.S. gold futures for December delivery eased 0.4 percent to $1,308.50.
"Gold will be somewhat at the mercy of random month-end U.S. dollar flows today, with the technical picture still constructive as long as the $1,284.00 support holds," said Jeffrey Halley, a senior market analyst at OANDA.
Investors discovered a taste for the dollar and commodities on Thursday as upbeat Chinese and U.S. economic news whetted appetite for riskier assets globally, even as tensions over North Korea simmered in the background.
The Commerce Department said its second estimate of U.S. gross domestic product showed that it increased at a 3.0 percent annual rate in the second quarter, its quickest pace in more than two years.
U.S. private-sector employers hired 237,000 workers in August for the biggest monthly increase in five months, a report by a payrolls processor showed.
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