Weak US dollar is another factor that can push prices higher

Gold continues to hold on to its strength. North Korea conducting a hydrogen bomb test last Saturday (September 2) helped the yellow metal to open with a gap-up on Monday at $1,336 per ounce. After trading in a sideways range initially, gold got further boost from a weak dollar on Thursday after the European Central Bank (ECB) meeting. Bullion prices surged to a high of $1,357.6 per ounce after t...