Gold traded higher on Friday amidst a weaker US dollar and despite a strong US labor market, with gold futures trading higher by $19.80 or 0.42% to close at $4,730.70. Silver futures climbed back above $80 after today’s gain of $0.68 or 0.85%, taking silver futures to $80.86. The primary factor was dollar weakness, which accounted for all of gold’s moves today falling by 0.47% closing near a two-month low at 97.81. The dollar index fell today despite a strong jobs report coming in at 115,000 new jobs added in April. While this number is down considerably from March’s jobs numbers of 160,000 it still came in nearly ... (full story)