“Prices settle at a new high as investors seek the precious metal for protection a day before the government releases its employment report for March.
“Gold prices rallied Thursday as the first quarter wrapped up and investors bought gold as protection.
“Gold for June delivery added $15 to settle at $1,439.90 an ounce at the Comex division of the New York Mercantile Exchange. Gold traded as high as $1,441 and as low as $1,421.70, while the spot gold price was up more than $13, according to Kitco’s gold index.
“Silver prices continued their rally, gaining 38 cents to settle at $37.89, another 31-year record close. Silver popped 22% in the first quarter.”