Gold Rallies on Jobs Data – Will It Last?

Author: USGI
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!

 

 

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