By FXEmpire.com
The gold markets fell during the session on Thursday as the markets expressed a sense of concern about the Non-Farm Payroll numbers due out of America. The fear in the marketplace is probably founded upon the fact that many traders think that the Federal Reserve will make a decision on future easing based upon employment numbers in general. Because of this, and the fact that Ben Bernanke has mentioned that the Fed has the ability to use other “tools” in order to help the economy if there is a slowdown. If the Fed eases, the Dollar will fall – and gold will rise, at least in theory. With so many questioning the jobs outlook, this market is waiting for 8:30 am in New York release to make a move.
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