Gold jumps as Dollar corrects following jobs report

Source: WBPonline
© Scanpix\Reuters
Gold futures advanced on Thursday after the U.S. Dollar stopped appreciating following lower-than-expected U.S. jobless claims. Gold increased 0.48% to $1,376.80 per ounce and silver futures climbed 1.11% to $23.220 per ounce. The U.S. currency index retreated 0.47% to 81.597. The Bank of America forecasts that prices for bullion will be at $1,495 per ounce in the fourth quarter.

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