NEW YORK ( TheStreet) -- Gold got a nice a pop Tuesday morning after the delayed nonfarm payrolls report for the month of September came in weaker than expected.Paul Sacks, principal gold trader at Aurum Options Strategies, told TheStreet's Joe Deaux the move seems to be a bit of an overreaction because there seems to be too much emphasis on the report and what it means for tapering.
[video] Quick Take: Rocky Jobs Report Fuels Gold
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.