Friday's Job Report Might Turn Gold's Lackluster Summer Around

By: ETFdb
Gold ended up slightly lower on Wednesday as investors waited on Friday’s upcoming jobs report. Weaker-than-anticipated jobs data on the U.S. private sector provided a modest boost for the yellow metal, but Friday’s report is going to go a long way to dictating gold’s short-term value. The report is expected to shed light on the pace of the Fed’s tapering. That, in turn, will drive sentiment on gold.
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