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2014.03.0705:17:54UTC+00Gold surges in wait-and-see movement after gain

Gold futures is swerving in a wait-and-see movement on Friday, as is takes a break from latest peak before US nonfarm payrolls to be released today.

A day before, gold prices surged to set at $1,351.80, the highest point touched by a most active contract since October 28, as seen in FactSet data. Elsewhere in metals trading, April platinum missed 80 cents or 0.1%, to $1,486.00 per ounce, while March palladium increased 40 cents or 0.1%, to $781.55 per ounce.

High-grade copper to be delivered in May delivery erased 2 cents or 0.7%, to $3.20 per pound.

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