Gold Rallies on Jobs Data – Will It Last?

Author: Frank Holmes
Date Posted: April 8, 2015 Read time: 1 min


Daniela Cambone of Kitco News welcomes Frank Holmes back to the program and wants his thoughts on how gold reacted to Friday’s jobs data. The U.S. jobs report came in very disappointing and Frank says it’s a reflection that the economy is not on a tear like people were expecting it to be. In response, the yellow metal topped $1,200.

To see if gold can maintain this rally, Frank tells investors to keep an eye on this week’s Federal Open Market Committee meeting. Tune in below to catch the full replay!

 

 

Are you subscribed to our weekly market newsletter? The Investor Alert comes straight to your inbox each Friday night for free! Click here to sign up.

There's a reason the Investor Alert is an award winner

Past performance does not guarantee future results. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.