Spot gold was little changed at $1,860.19 per ounce by 0107 GMT.
U.S. gold futures were down 0.1% at $1,864.50.
Silver rose 0.3% to $22.93 per ounce.
Brent crude edged down 8 cents, or 0.2 per cent, to $41.84 a barrel by 0003 GMT after dropping 2.9 per cent last week.