Bob Haberkorn, senior market strategist at RJO Futures, said given the disappointing GDP figures and the rise in unemployment claims on Thursday, some in the market are beginning to think that the Fed may have to come back with some sort of stimulus program. That supported metals.
Technical-chart analysts are generally bullish on gold for next week, citing how the market performed at this week’s lows.
To read the full article with Bob's comments, please go to Kitco.com
Series 3 Licensed
Senior Commodities Broker
Bob started his career in 2005 as a broker with Lind-Waldock. He is often quoted in industry sources, such as the Wall Street Journal in regards to precious metals and the copper market..... Read More
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