Gold Prices Edge Ahead

Futures are up $3.60 to settle at $913.20 an ounce.
By Simon Constable ,

Gold prices rose Friday after new data showed the economy shed more jobs than analysts had expected.

Benchmark gold futures edged up $3.60 to settle at $913.20 an ounce on the Comex division of the New York Mercantile Exchange

The

streetTracks Gold Shares

(GLD) - Get Report

and the

iShares Comex Gold Trust

(IAU) - Get Report

, both of which hold inventories of gold bars, were up 0.7% and 0.6%, respectively.

In the precious metals patch, shares of

Goldcorp

(GG)

were rising 1.8%, while

Yamana Gold

(AUY) - Get Report

was up 3.4%.

Agnico-Eagle Mines

(AEM) - Get Report

was climbing 1.9% in recent market activity.

As for currencies, one euro was buying $1.5723 vs. $1.5675 Thursday. A dollar was buying 101.8 Japanese yen, down from 102.3 yen previously. The British pound was worth $1.992 vs. $1.9948.

The currency exchange-traded funds were moving in line with action in the foreign-exchange market.

CurrencyShares Euro Trust

(FXE) - Get Report

was up 0.5%, while the

CurrencyShares Japanese Yen Trust

(FXY) - Get Report

was ahead by 0.7%.

CurrencyShares British Pound Sterling

(FXB) - Get Report

was virtually unchanged.

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