The precious metal gold was seen very positive

[gnutrade.satya]

The precious metal gold was seen very positive when data showed that the US payrolls fell for a second straight month knocked the dollar.
Ole Hansen, senior manager at Saxo Bank said: "The data had proved "a bad report that could bring forward additional monetary expansion, which can be dollar negative and therefore supportive for gold. It will give investors additional excuses to re-enter gold after the sell-off was rejected ahead of the 100-day moving average."
RBS analyst Daniel Major said: "We saw that negative correlation shift to a positive correlation between the dollar and gold since January, up until the last few weeks. Gold is going to fall back more into its traditional relationship with the dollar."
Gold prices for December delivery settled up $9.90 to $1,209.20 an ounce.