Gary Wagner joins Kitco News’ Daniela Cambone ahead of the U.S. jobs data, which has had the marketplace on edge since the beginning of the week. Gary says gold has weathered a correction from the top of roughly $1,308/oz last month. “I’m still optimistic in terms of looking for higher pricing,” he adds. Looking at seasonal trends, Gary says he often sees a bump in gold prices at the beginning of the year, which he calls the “January Effect.” “I have research that shows out of the last five years, if you have purchased gold at the beginning of January – except for 2013 – you would have had a profitable trade,” he says. Tune in now for more insights on this latest edition of Chart This! Kitco News, February 6, 2015.
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