: Gold futures up 1.8% for the session, gain for the week
Gold futures climbed on Friday and posted a gain for the week. Prices for the metal got a boost as the U.S. dollar and Treasury yields weakened in the wake of the monthly U.S. jobs data, which showed a robust 311,000 new jobs created in February, but also a rise in the unemployment rate to 3.6%. “Gold is apparently sensing the potential for trouble ahead” in the banking sector, and serving as a safe haven for investors, said Brien Lundin, editor of Gold Newsletter. Concerns about contagion in... Читать дальше...