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Gold rose for a third day on Thursday, helped by an uptick in the euro, after the European Central Bank left interest rates unchanged and maintained the parameters of its 1.74 trillion euro ($1.95 trillion) asset buying scheme.

The ECB has provided extraordinary stimulus in recent years in response to high unemployment, weak growth and ultra low inflation, cutting interest rates into negative territory and pushing the cost of credit to all-time lows.

Ultra-low rates tend to support gold, though that is sometimes offset by the impact of a weaker euro.

Spot gold was at $1,271.15 an ounce at 1156 GMT, up 0.2 percent, while U.S. December gold futures were up $2.10 an ounce at $1,272.00.

Gold prices are up 1.5 percent this week, on track to snap three weeks of losses. The precious metal has regained some technical momentum after closing on Wednesday above its 200-day moving average of $1,267.