Policy Decision: George Gero and Jobs Report

policy decision: While buyers wait for more headlines and news items, there is little reason for long term holders to sell now, according to Market Watch. For now, prices are bound to a 1,450 to 1,500 range, but looking to move higher soon, he said, in a daily update. The coming two-day Fed meeting, which begins Tuesday and concludes with a monetary policy decision on Wednesday, has held gold in check, said George Gero, managing director at RBC Wealth Management. February gold GCG20, 0.18% on Comex lost 20 cents, or 0.01%, to settle at 1,464.90 an ounce, after declining 0.5% last week. On Monday, after sinking on the back of a hotter-than-expected U.S. jobs report on Friday, gold initially saw some support following economic reports out of China that showed the world's second-largest economy continued to be hurt by trade conflicts and a global economic slowdown. March silver SIH20, 0.14%, meanwhile, added 4.6 cents, or 0.3%, at 16.642 an ounce, following a weekly decline of 3%, according to Fact Set data. (news.financializer.com). As reported in the news.