NEW YORK ( TheStreet) -- Gold is expected to be affected by the nonfarm payrolls report on Friday, Mike McGlone, director of research for ETF Securities, told TheStreet's Joe Deaux Wednesday.While the Federal Reserve's FOMC meeting on Wednesday afternoon could potentially move the precious metals market, McGlone said that he doesn't expect the central bank to come across as the least bit hawkish. The Fed will likely try and keep things as calm as possible, while maintaining the status quo, he added.
Quick Take: Gold and the Jobs Report
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