Gold futures ended lower on Thursday as the dollar strengthened against a basket of major currencies after a report showed that the US economy created more private-sector jobs than expected in May, according to a report released by payroll processor Automatic Data Processing (ADP), further strengthening expectations for an interest rate hike this month. ADP showed private sector employment jumped by 253,000 jobs in May after climbing by a revised 174,000 jobs in April. Meanwhile, on Friday morning, the Labor Department is scheduled to release its more closely watched employment report, which includes both public and private sector jobs. Employment is expected to increase by 185,000 jobs in May after jumping by 211,000 jobs in April. The unemployment rate is expected to hold at 4.4 percent. 

The Commerce Department released a report showed that the Construction spending in the US unexpectedly showed a notable decrease in the month of April. The report showed construction spending tumbled by 1.4 percent to an annual rate of $1.219 trillion in April from the revised March estimate of $1.236 trillion. Spending had been expected to rise by 0.5 percent. Gold futures for August delivery declined $5.30 or 0.4 percent, to settle at $1,270.10 an ounce. While, spot gold was down 0.04 percent at $1,267.58 an ounce.

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