Gold is currently at $1,108.00 (+0.34%) ahead of U.S. nonfarm payrolls report due later today. Market participants will eye these data to assess strength of the U.S. economy and the probability of a data-dependant rate hike next month. Strong job creation would raise expectations for higher rates in December and weigh on the non-interest-paying precious metal. Economists expect 180,000 new jobs in October compared to +142,000 in the previous month. HSBC economists said that average job gains of more than 150,000 a month this month and next month might be enough for most members of the Fed's federal open market committee to take the anticipated step at December meeting.