Gold prices slipped from one-year highs on Thursday as the dollar regained some ground, while investors awaited the U.S. non-farm payrolls report.
"This is a market due for some technical correction because the rally was very sharp," said Ajay Kedia, director at Kedia Commodities in Mumbai.
Bullion has gained about 2.2% so far this week, after a surprise oil output cut by OPEC+ and weak U.S. economic data over the week added to fears of an economic slowdown and sent the yellow metal soaring above $2,000.
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