WASHINGTON (dpa-AFX) - Gold futures were slightly higher Tuesday morning as markets re-opened after the Labor Day break.
Traders continue to assess whether Friday's tepid jobs report means the Federal Reserve will keep interest rates at ultra-low levels through the remainder of the year.
Jobs growth slowed in August after signficant increases in the previous two months.
Still, some Fed officials insist the time is now for an interest rate hike
Gold for December was up 10 dollars at $1336.40 an ounce.
Markit is set to release the final estimate of its U.S. non-manufacturing index for August at 9:45 am ET.
Economists expect the index to edge down to 51.2 from 51.4 in July, but up from the mid-month reading of 50.9.
The Institute for Supply Management is due to release its non-manufacturing index for August at 10 am ET. Economists expect the index to slip to 55 from 55.5 in July.
Copyright RTT News/dpa-AFX