Gold futures bounced from their lowest level since mid-January Thursday; bottom fishing supported prices ahead of Friday's non farm payroll data.

Gold futures pushed higher Monday, as expectations that euro zone policy makers will approve a second bailout for Greece and the introduction of fresh monetary easing by China increased the appeal of the yellow metal.

Gold futures slipped lower Thursday, as Greek leaders agreed on an austerity package and U.S. employment numbers provided a bullish surprise for risk assets.

Gold futures fell for the second day Monday, on Greek default concerns and an improving U.S. economy.