Mon, 10 Aug 2015 08:23:07 GMT
Gold under pressure from possible September rate hike
The yellow metal edged higher on Monday; however, the precious metal continued to trade below the important $1,100 an ounce level. Strong US non-farm payrolls figure confirmed September as a candidate for a rate hike by the Fed. Nevertheless, the bullion futures rose 0.3% to $1,097.4 an ounce by 7:30 AM GMT. In July, non-farm payrolls added 215,000 jobs, above