Bargain hunters drive prices of gold, silver up after earlier losses

05.06.2020

Gold rose on Thursday as investors took advantage of the previous session’s steep price decline to buy the metal, with markets awaiting the release of Friday’s U.S. non-farm payrolls data for May.

Spot gold rose 0.9% to $1,713.37 per ounce by 1249 GMT. U.S. gold futures climbed 0.8% to $1,719.10.

“There are...