Chicago, Aug 11 : by RainbowPrices\" style=\"cursor: pointer; left: auto; opacity: 1; top: auto; box-sizing: border-box !important; border: 0px !important; bottom: auto !important; clip: auto !important; clear: none !important; display: inline-block !important; float: none !important; height: auto !important; margin: 0px 0px 0px 3px !important; max-height: none !important; max-width: none !important; min-height: 0px !important; min-width: 0px !important; overflow: visible !important; padding: 0px !important; position: static !important; right: auto !important; transform: none !important; vertical-align: baseline !important; visibility: visible !important; width: auto !important; zoom: 1 !important; z-index: auto !important; background-image: initial !important; background-attachment: initial !important; background-size: initial !important; background-origin: initial !important; background-clip: initial !important; background-position: 0px 0px !important; background-repeat: initial !important;\">GOLD

futures on the COMEX division of the by RainbowPrices\" style=\"cursor: pointer; left: auto; opacity: 1; top: auto; box-sizing: border-box !important; border: 0px !important; bottom: auto !important; clip: auto !important; clear: none !important; display: inline-block !important; float: none !important; height: auto !important; margin: 0px 0px 0px 3px !important; max-height: none !important; max-width: none !important; min-height: 0px !important; min-width: 0px !important; overflow: visible !important; padding: 0px !important; position: static !important; right: auto !important; transform: none !important; vertical-align: baseline !important; visibility: visible !important; width: auto !important; zoom: 1 !important; z-index: auto !important; background-image: initial !important; background-attachment: initial !important; background-size: initial !important; background-origin: initial !important; background-clip: initial !important; background-position: 0px 0px !important; background-repeat: initial !important;\">NEW YORK MERCANTILE

exchange rallied above $1,100 amid a weaker US dollar after falling for a seventh week in a row.

The most active gold contract for December delivery gained $10 (0.91 percent) to settle at $1,104.10 per ounce, Xinhua reported.

The US Dollar index fell by 0.43 percent to 97.17. The index is a measure of the dollar against a basket of major by RainbowPrices\" style=\"cursor: pointer; left: auto; opacity: 1; top: auto; box-sizing: border-box !important; border: 0px !important; bottom: auto !important; clip: auto !important; clear: none !important; display: inline-block !important; float: none !important; height: auto !important; margin: 0px 0px 0px 3px !important; max-height: none !important; max-width: none !important; min-height: 0px !important; min-width: 0px !important; overflow: visible !important; padding: 0px !important; position: static !important; right: auto !important; transform: none !important; vertical-align: baseline !important; visibility: visible !important; width: auto !important; zoom: 1 !important; z-index: auto !important; background-image: initial !important; background-attachment: initial !important; background-size: initial !important; background-origin: initial !important; background-clip: initial !important; background-position: 0px 0px !important; background-repeat: initial !important;\">CURRENCIES

.

Gold and the dollar typically move in opposite directions, which means if the dollar goes up, by RainbowPrices\" style=\"cursor: pointer; left: auto; opacity: 1; top: auto; box-sizing: border-box !important; border: 0px !important; bottom: auto !important; clip: auto !important; clear: none !important; display: inline-block !important; float: none !important; height: auto !important; margin: 0px 0px 0px 3px !important; max-height: none !important; max-width: none !important; min-height: 0px !important; min-width: 0px !important; overflow: visible !important; padding: 0px !important; position: static !important; right: auto !important; transform: none !important; vertical-align: baseline !important; visibility: visible !important; width: auto !important; zoom: 1 !important; z-index: auto !important; background-image: initial !important; background-attachment: initial !important; background-size: initial !important; background-origin: initial !important; background-clip: initial !important; background-position: 0px 0px !important; background-repeat: initial !important;\">GOLD FUTURES

will fall as gold, measured by the dollar, becomes more expensive for investors.

The price of the by RainbowPrices\" style=\"cursor: pointer; left: auto; opacity: 1; top: auto; box-sizing: border-box !important; border: 0px !important; bottom: auto !important; clip: auto !important; clear: none !important; display: inline-block !important; float: none !important; height: auto !important; margin: 0px 0px 0px 3px !important; max-height: none !important; max-width: none !important; min-height: 0px !important; min-width: 0px !important; overflow: visible !important; padding: 0px !important; position: static !important; right: auto !important; transform: none !important; vertical-align: baseline !important; visibility: visible !important; width: auto !important; zoom: 1 !important; z-index: auto !important; background-image: initial !important; background-attachment: initial !important; background-size: initial !important; background-origin: initial !important; background-clip: initial !important; background-position: 0px 0px !important; background-repeat: initial !important;\">PRECIOUS METAL

was prevented from rising further as by RainbowPrices\" style=\"cursor: pointer; left: auto; opacity: 1; top: auto; box-sizing: border-box !important; border: 0px !important; bottom: auto !important; clip: auto !important; clear: none !important; display: inline-block !important; float: none !important; height: auto !important; margin: 0px 0px 0px 3px !important; max-height: none !important; max-width: none !important; min-height: 0px !important; min-width: 0px !important; overflow: visible !important; padding: 0px !important; position: static !important; right: auto !important; transform: none !important; vertical-align: baseline !important; visibility: visible !important; width: auto !important; zoom: 1 !important; z-index: auto !important; background-image: initial !important; background-attachment: initial !important; background-size: initial !important; background-origin: initial !important; background-clip: initial !important; background-position: 0px 0px !important; background-repeat: initial !important;\">TRADERS

reacted to the jobs report released on Friday which put pressure on gold.

Analysts say the report supported a September increase in the US federal reserve\'s interest rate. An increase in the Fed\'s interest rate drives investors away from gold and towards assets with a return, as the precious metal bears no interest.

Silver for September delivery added 47.1 cents (3.18 percent) to close at $15.292 per ounce.

Platinum for October delivery rose $27.6 (2.87 percent) to close at $989.80 per ounce.

Gold up on weaker dollar