Precious metals prices gained Thursday, the final trading day of the holiday-shortened week. Major U.S. and European markets are closed tomorrow, April 10, in observance of Good Friday. All the metals scored weekly increases. As for the day, silver jumped 5.6% to end at a more than one-month high and gold soared 4.1% to notch a more than seven-year high.
Gold for June delivery on Thursday jumped $68.50 to settle at $1,752.80 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest for gold since it closed at $1,753 an ounce on Oct. 17, 2012