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Gold prices edge higher

Bullion prices were volatile in Friday’s session. Gold prices edged higher after US non-farm payroll data was announced and managed to close near the intermediate resistance levels of 30,700. A close above the prescribed level can push prices higher towards 31,000-levels.

Silver prices rallied up till 38,500-levels but eventually closed near 38,250-levels. Buying is recommended only if prices close above 38,300 levels.