Gold ticked down in volatile trade on Thursday as a rebound in the US dollar ahead of a G20 meeting and comments by US Treasury Secretary Tim Geithner overshadowed positive economic data from China. Spot gold hit a high of $1,349.05 an ounce before slipping to $1,342.40 by 0558 GMT, down $1.10 from New York's notional close. US gold futures for December delivery was barely changed at $1,343.4 an ounce.