Gold futures tilted lower in Asian trade as the dollar index traded mostly flat, ahead of US labor, personal spending and income data later today.

As of 03:50 GMT, gold futures due in December inched down 0.13% to $1,209.90 an ounce, while the dollar index barely retreated to 94.59 against a basket of major rivals off 14-month highs.

Now markets await US unemployment claims data for the week ending August 25, expected to have increased by 4 thousand to 214 thousand, while continuing claims rose 3 thousand to 1.730 million in the week ending August 18.

US personal spending is expected with a 0.4% increase in July, while personal income is pegged at 0.3% growth rate, down from 0.4% in June.

Both NASDAQ and S&P 500 closed at new record highs on Wednesday for yet another session, after US and Mexico reached a bilateral trade agreement, with hopes that Canada would join negotiations next week.