Gold prices were set for their best week since mid-November as uncertainty around U.S. President-elect Donald Trump policies firmed demand for bullion, while investors awaited a key jobs report to assess the Federal Reserve's rate cut trajectory.

Gold prices rose to the highest in nearly four weeks on Wednesday after slightly weaker than expected data on U.S. private employment for December reassured some market watchers that the Federal Reserve may be less cautious about easing rates this year.

Gold prices scaled a four-week peak on Friday and were set for their best week in seven, driven by safe-haven demand amid uncertainties over President-elect Donald Trump's policies, while markets awaited jobs data for clues on the trajectory of U.