Data shows that on September 5th local time, international precious metal futures generally closed higher. The main COMEX gold futures contract rose 0.92% to $3,639.8 per ounce; the main COMEX silver futures contract increased 0.22% to $41.51 per ounce.

After the release of the U.S. August non-farm payroll report, London spot gold continued to rise, breaking through the important $3,600 per ounce mark during trading to reach $3,600.18 per ounce, setting another historic high. By the close, London spot gold had risen 1.15% to $3,586 per ounce.

According to Xinhua News Agency, international oil prices fell on September 5th. By the close, the October delivery light crude oil futures price on the New York Mercantile Exchange dropped by $1.61 to settle at $61.87 per barrel, a decline of 2.54%; the November delivery London Brent crude oil futures price decreased by $1.49 to settle at $65.50 per barrel, a fall of 2.22%.

Dongwu Securities believes that the current independence of the Federal Reserve faces its greatest challenge, coupled with strong downward pressure on real interest rates, gold has broad upside potential.