Gold Up-Date - Gold Prices Set to Move Higher During the Coming Months

Precious Metals

Lakeshoretrading.co.za reported on Gold Up-Date — Gold Prices Set to Move Higher During the Coming Months:

Lakeshoretrading.co.za reported on Gold Up-Date — Gold Prices Set to Move Higher During the Coming Months:

The US dollar was broadly lower last week. On Friday, the monthly non-farm payroll figures were released and showed a solid expansion of 67,000 jobs in the private job market even though the payrolls number showed a contraction of 54,000. Both figures were better than expectations. In addition, ISM manufacturing index showed unexpected improvement in August to 56.3. Pending home sales also posted strong rise by 5.2% month-on-month in July.

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