NEW YORK ( TheStreet) -- Gold has failed to regain any traction to the upside, as it currently rests below $1,300 per ounce.Mihir Dange, managing director at Grafite Capital, told TheStreet's Gregg Greenberg the nonfarm payrolls report for July released Friday temporarily sent gold higher but then gold failed to hold the $1,300 level and drifted lower.
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