Gold futures traded higher on Friday after a report on U.S. employment in March indicated that the damage from coronavirus related business shutdowns is already having a big impact on the labor market.
June gold GCM20, +0.29% on Comex, which was bouncing around early Friday, was up $5.30, or 0.3%, at $1,643 an ounce. It rose 2.9% on Thursday, marking its first gain in five sessions. The most-active contract trades about 0.6% lower for the week, according to FactSet data.
