Gold: Trader Reaction to April Comex Gold Futures of $1947.90 Sets the Tone on Friday

Robust data on Thursday likely greenlighted the Fed to keep interest rates high for longer. At 13:00 GMT, April Comex Gold is trading $1947.80, up $1.10 or +0.06%. On Thursday, the SPDR Gold Shares ETF (GLD) settled at $179.46, down $1.65 or -0.91%.