* Gold down 1.5%, silver loses over 6.6% this week

* U.S. dollar on track to snap three straight weeks of losses

* U.S. non-farm payrolls data due at 1330 GMT

Dec 8 (Reuters) - Gold prices were flat on Friday, as markets looked forward to the crucial U.S. jobs data for more clues on the Federal Reserve's monetary policy decision, although a firmer dollar kept bullion on track for its first weekly fall in four.

Spot gold was steady at $2,027.39 per ounce by 0951 GMT. Bullion, however, has fallen nearly 1.5% for the week so far. U.S. gold futures were flat at $2,043.70.

Bullion scaled an all-time peak of $2,135.40 on Monday on elevated bets for a rate cut by the Fed, before dropping more than $100 on uncertainty over the cut's timing.

"Traders are expecting to get a clear idea on how the Fed is going to change their policy decisions in the coming meeting - so today's jobs data would be the primary key," said Hareesh V, head of commodity research at Geojit Financial Services.

"Major crash in gold is not the immediate trend because most of the parameters are favouring prices and the Fed policy would be the key trigger that can guide medium to long term direction of gold prices"

The U.S. non-farm payrolls report for November is due at 1330 GMT. It is expected to show that employers added 180,000 jobs last month.

The dollar index, meanwhile, was up 0.2% and set to snap a three-week losing streak, making gold more expensive for other currency holders.

Markets are pricing in a 60% chance of a U.S. rate cut as soon as March, CME's FedWatch Tool showed. Lower interest rates boost the appeal of holding gold.

Spot silver lost 0.2% to $23.73 per ounce, while platinum gained 1.3% to $918.84. Both were set for weekly declines.

"Palladium's long-term bear market looks set to continue, with prices likely to halve again over the next 2-3 years," Citi Research said in a note.

Palladium rose 0.6% to $975.81, but was set to log a second weekly loss. (Reporting by Anjana Anil in Bengaluru; Editing by Emelia Sithole-Matarise)