Gold ended on a high note on Thursday, reacting to dismal jobs data and the Fed’s announcement of a $2.3 trillion additional stimulus package. The unemployment data prompted fears of economic distress, while the Fed action raised concerns of additional liquidity – both supportive of gold prices. Comex gold futures for June delivery closed the day at $1736.20, gaining a solid $70.80, or 4.2%. The yellow metal’s session high was $1754.20, the best since February 2012. Coronavirus related joblessness Labor Department figures released on Thursday showed that a total of 6.61 million people filed jobless claims for the ... (full story)