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Ireland insisted on Thursday its low rate of corporation tax was "non-negotiable" as it discusses an aid package worth tens of billions of euros from European partners and the IMF for its shattered banks.
Spot gold was little changed at $1,352.94 an ounce by 0341 GMT, on course for a 0.8-percent weekly decline.
U.S. gold futures was trading at $1,352.6.
Investors are closely watching China's monetary policy maneuver, after talks of an imminent rate hike have been circulating and caused sell-off in commodities earlier in the week.