US dollar gold prices held above $1,620 an ounce Tuesday morning in London, while stocks and commodities were also broadly flat and major government bond prices ticked higher with markets looking ahead to key central bank policy decisions later in the week.
Gold prices dropped to $1,610 per ounce in Thursday's Asian trade - a 4.2% loss for the week so far - while stocks and commodities also fell as reports emerged of a split between France and Germany over how to tackle the debt crisis.
Gold bullion prices rose to $1,679 per ounce Friday morning in London - 0.7% off Wednesday's high for the week - before easing back, as industrial commodities rallied and stocks edged up, while government bond prices fell.
Strong physical demand being seen internationally, but especially in Asia, would suggest that gold may have bottomed and the bull market is set to continue in the traditionally strong autumn and winter months.
The gold price fell to $1,655 per ounce Tuesday morning in London - 1% up on the week so far - while stocks and commodities were mostly flat ahead of Slovakian parliament vote that could jeopardize efforts to tackle the euro-zone debt crisis.
Gold bullion prices hovered around $1,650 per ounce Thursday morning in London - 1.6% off this week's high - while stocks and commodities continued to rally following rumors of European bank stress tests and proposed recapitalization.
Gold prices dropped below $1,600 per ounce for the second time in 24 hours on Tuesday morning - testing a level first hit on the way up back in July - before rebounding, while stocks and commodities rallied and government bond prices fell.
Gold prices climbed more than 2% following the start of trade in London on Friday - breaching $1,876 per ounce around lunchtime - after the publication of weak US jobs data. Nonfarm payroll data showed the US economy added no jobs in August