Joni Teves, strategist at UBS, outlined what...>

GOLD: Joni Teves, strategist at UBS, outlined what might drive gold above

$1,300.

- "Dovish monetary policy, especially from the Fed, and/or significant

escalation of geopolitical risks are potential triggers - we expect the former

to have a more durable price impact," she said.

- There was also event risk from this week's Jackson Hole symposium, with Fed

Chair Janet Yellen and European Central Bank President Mario Draghi speaking

Friday, she said.

- "While there is little expectation for significant news, any hints on policy

normalization paths and views on inflation are likely to gather much attention

from markets," Teves said.