Gold prices remained steady after signs of strength in the U.S. economy led to increased expectations that the Federal Reserve will keep raising interest rates at a fast pace.

Markets settled almost unchanged in a volatile trading session, in absence of any major trigger.

Gold prices recovered from a six-week low as a worsening energy crisis in Europe drove up safe-haven demand. A pause in the dollar index rally also supported the precious metal.

Markets started the week on a robust note despite feeble global cues and gained over half a percent.

Gold prices held above the key $1,700 per ounce level in the morning, amid hopes that the Federal Reserve might slow the pace of rate hikes after mixed U.S. jobs data.

Markets traded lackluster and ended almost unchanged, in continuation to the prevailing consolidation phase.

Markets consolidated further and ended almost unchanged amid volatility, in continuation of the prevailing corrective phase.

Gold prices edged higher as the dollar pulled back from a recent peak, but the precious metal faces a third consecutive weekly loss on bets that the Federal Reserve will retain its aggressive rate-hike stance.

Markets traded volatile and lost over one and a half percent, pressurized by weak global markets.

Gold prices slipped to a more than one-month low as the dollar firmed and prospects of the U.S. Federal Reserve continuing with its aggressive policy tightening stance weighed on the zero-yielding bullion's appeal.