Video: World Gold Council sees market uncertainty raising metal’s price
WGC senior market strategist sees several trigger points that could prompt gold to move even higher, perhaps stirring more interest from retail investors.
The Street reported that gold prices increased and silver was flat following a poor report on US jobs.
The market news is quoted as saying:
Before the jobs number, the metals had been in wait and see mode. After a powerful three day rally, gold and silver prices are up 3.2% and 8%, respectively, and some investors were taking profits.
