Gold Price to be Driven by Non-Farm Payroll Data

Harley Salt writes: Friday will see the release of the much anticipated monthly US Non-Farm Payrolls figures. Even more so than in previous months this data will be influential in setting the direction of the gold market between its release on Friday and the next Federal Reserve policy meeting on set for 17th and 18th March. It is the only major market moving data due out before the Fed meets so it will be the focus of not just traders but also the Fed itself.