Gold rose above $3,250 for the first time since June, while silver topped $62.25, as precious metals rallied sharply after weak U.S. jobs data. Peter Schiff sai

Gold rose above $3,250 for the first time since June, while silver topped $62.25, as precious metals rallied sharply after weak U.S. jobs data. Peter Schiff said the July ADP report helped drive the move, with gold up $180 and silver nearly $3.