By Claudia Assis, MarketWatch
SAN FRANCISCO (MarketWatch) -- Gold futures rose Monday, reacting positively to Friday's upbeat U.S. report that showed the most number of jobs created in three years.
Gold for June delivery added $4.7, or 0.4%, to $1130.8 an ounce.
Gold and other commodities markets were closed Friday in the U.S when the Labor Department said nonfarm payrolls rose 162,000 in March, the biggest increase in three years, supporting expectations that the U.S. economy was recovering.
Also Monday, oil futures topped $86 a barrel and U.S. stocks rose. The dollar fell, with the U.S. dollar index (DXY 81.09, -0.03, -0.04%) slipping to 80.995.
London's metal exchange is closed Monday following Easter.
With the London market closed today, "more of the same can be expected ... More thin trading, more excess volatility, more exaggerated moves engendered by such conditions," said Jon Nadler, an analyst with Kitco Metals, in a report Monday.
