Source: Marketwatch
New York— Gold futures ended with slight gains Friday, after earlier rising as much as 0.7% as better-than-expected U.S. jobs data boosted investors' willingness to move into riskier assets, including stocks and commodities. Gold for April delivery added $2.10, or 0.2%, to close at $1,135.20 an ounce. Gold prices also moved up on the week, compared to $1,118.90 an ounce last Friday. It's the third weekly gain in four for the precious metal.
In currencies, the dollar turned lower versus the euro after Greece's parliament approved proposed austerity measures. The SPDR Gold Trust, the largest exchange-traded fund backed by the metal, rose 0.3%. Helping set the trading tone, U.S. nonfarm payrolls dropped by 36,000 last month, fewer than economists projected. The nation's unemployment rate was unchanged at 9.7%; economists had been looking for an increase to 9.8%. See full story.
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