Metals This Week: Gold is Focused on $1,300 oz

CHICAGO (Aug 3)  Friday’s US  jobs report pushed Gold prices back above the  $1,300 oz on the day, as participants are concered about the psyche mark hanging on in the 1st full week of August, normally a quiet trading frame.

Gold prices finished the last week down.

Dec Gold futures fell  Friday, finishing at 1,310.50 oz on the , - 0.86% on the week.

Sept Silver rose Friday,  settling at 19.912 oz, + 2.32% on the week.

In Gold Survey, out of 36 participants, 21  responded last week,  those 21 participants, 6 see prices up, while 11 see  prices down and 4 see prices moving sideways or are Neutral.  Market participants include Bullion dealers,  investment banks, futures traders, money managers and technical-chart analysts.

The Gold market slipped under 1,300 in overnight Thursday, but moved back over that level following a disappointing US nonfarm payrolls  report.