Friday, March 4, 2011

Gold Prices Settle Higher on Jobs Reading; Silver Hits 31-Year High

NEW YORK (TheStreet ) -- Gold prices rose after an expectation-meeting U.S. jobs report and a double digit selloff on Thursday. Silver also tapped a 31-year high.

Gold for April delivery added $12.20 to $1,428.60 an ounce at the Comex division of the New York Mercantile Exchange. The gold price today has traded as high as $1,432.80 and as low as $1,413.80. The spot gold price was adding $13, according to Kitco's gold index.

Most Recent Quotes from www.kitco.com

Silver prices added $1 to $35.32 an ounce. U.S. dollar index was slightly lower at $76.38...[Full Article]