At about 6.11 am West African time, Gold futures lost about 0.39% to trade at $1866/ounce.
The U.S. elections result currently shows Democrat Joe Biden has 264 of the needed 270 electoral college votes
Gold prices drifted lower as the greenback gained some strength at Asia's trading session.
Gold futures prices edged down 0.17% at $1,887/ounce at the time this report was drafted.
Gold futures settled at $1,907.60 an ounce, on down 0.45% on the day.
Gold futures was down 0.89% to trade at $1,890.60 an ounce on Wednesday's trading session.
For the week to week though, Gold futures were up 0.7% while spot gold gained 0.5%.
The price decline in the safe-haven asset was triggered by an impressive U.S. jobs report.
The yellow metal tends to usually rise in value on expectations of lower U.S interest rates.
The U.S Fed Reserve strategy now permits inflation to rise above its 2% target.
