0 GOLD Daily and Weekly Chart (Comex)


Gold prices shot up on Friday as fears the Ukraine crisis will escalate bolstered the yellow metal's appeal as a safe-haven asset class, giving investors room to overlook an upbeat U.S. jobs report.

On the Comex division of the New York Mercantile Exchange, GoldFutures June delivery traded at 1,300.60 a troy ounce during U.S. trading, up 1.34%, up from a session low of $1,275.20 and off a high of $1,304.80.
The June contract settled down 0.96% at $1,283.40 on Thursday.
Gold prices shrugged off otherwise bearish data out of the U.S. labor market.
The Labor Department reported earlier that the U.S. economy added 288,000 jobs in April, beating expectations for a 210,000 increase. March's figure was revised up to a 203,000 rise from a previously estimated 192,000 gain.
The private sector added 273,000 last month, more than an expected 210,000 increase. In March, the number of private sector jobs was revised up to a 202,000 increase a previously estimated 192,000 rise.
The report also showed that the U.S. unemployment rate fell to 6.3% in April, from 6.7% the previous month, compared to expectations for a fall 6.6%.
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