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Kitco News speaks with Jim Wyckoff about Thursday’s ECB monetary policy meeting, Draghi’s subsequent press conference and the upcoming nonfarm payroll data due for release on Friday. “The gold market really has mostly ignored data out of the US, Asia and Europe,” Wyckoff says. “[However], the marketplace is going to be watching the [nonfarm payroll] number pretty closely.” Wyckoff adds the lack of fresh, bullish fundamental news in the gold market has given sellers the upper hand in the past few weeks. “Anything that deviates above or below [jobs numbers] is certainly going to be market sensitive and move the gold market.” Tune in now to hear Wyckoff’s market rating and key levels for gold & silver. Kitco News, April 3, 2014.
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As well as the most accurate precious metal prices online, Kitco also provides up-to-the-minute news with usable market information. Videos provided by and © Kitco.
As well as the most accurate precious metal prices online, Kitco also provides up-to-the-minute news with usable market information. Videos provided by and ©
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