Gold futures were down slightly Wednesday morning as traders considered a key prelude to Friday’s jobs report.

Payroll processor ADP reports 200,000 private sector jobs added were added in March.

Meanwhile overseas, Eurozone economic sentiment fell to its lowest level in more than a year in March, despite additional easing measures taken by the European Central Bank.

Gold for June was down 3 dollars at $1234 an ounce, having seen little movement this week other than a brief rally inspired by yesterday’s dovish statements from Fed Chair Janet Yellen.

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