Gold hovers below record;
Gold hovered below its record high on Friday, after a nine-session rally pushed prices up as much as 7 percent, as the euro zone debt crisis and uncertainties around the US debt talks continued to support sentiment.
Gold hovered around $1,580 an ounce on Friday, ahead of the release of a key US job market report, after recent upbeat data boosted confidence in the economy and turned many investors away from the safe-haven metal.