Gold tipped into positive territory Friday but stayed in a tight range
as traders were in standby mode ahead of the jobs report.
Gold for June delivery
GCM4
+0.22%
eked out a gain of 50 cents to $1,285.10 an ounce in electronic trade, while May silver
SIK4
+0.08%
gained a penny to $19.81 an ounce.
Expect volatility to pick up after the jobs number hits. Economists surveyed by Epic Research expect nonfarm payrolls to increase by 200,000 in March, up from 175,000 in February. Some are looking for the rise to be much larger. The unemployment rate is forecast to slip to 6.6% from 6.7%.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
Expect volatility to pick up after the jobs number hits. Economists surveyed by Epic Research expect nonfarm payrolls to increase by 200,000 in March, up from 175,000 in February. Some are looking for the rise to be much larger. The unemployment rate is forecast to slip to 6.6% from 6.7%.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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