Gold futures edged higher Tuesday, extending the rally that began Friday after significantly weaker than expected U.S. jobs data, including significant downward revisions to previous months' figures,

Gold slipped on Tuesday due to an uptick in the dollar, though prices remained near a two-week high on growing expectations of a U.S. rate cut in September.

The new triggers for the gold up move are likely to be the US Fed rate drop campaign, which is expected to commence from the September FOMC meeting.