Gold bullion continued to trade in a range bound fashion around $1,758 per ounce - 8.3% above where it started October - following the release of US nonfarm payroll data, which showed the US economy added 80,000 jobs last month.
Spot gold prices rose to $1,664 per ounce Tuesday morning in London - 1.8% off this month's high - while stocks and commodities also gained and US Treasury bonds fell, following reports that negotiators demanded larger Greek debt writedowns.
Gold bullion prices rallied to nearly $1,620 per ounce Monday morning in London - 0.7% off Friday's all time high - having fallen sharply as Asia opened, while stocks and commodities rose after US President Obama announced a last-minute debt ceiling deal.
Gold bullion prices fell as London opened on Tuesday, but held steady for the rest of the morning around $1,610 per ounce - 0.8% off Monday's all-time high. Silver bullion prices were also steady, hovering around $40.40 per ounce - up 0.8% from Friday.