Gold jumps 2.5% for biggest one-day gain since June

Gold market update for Friday, April 26. On Thursday, gold rallied 2.5% for its biggest one-day gain since last June. Gold is continuing its rally into Friday on as physical buyers continued flooding the market after the metal’s $225 drop in 2-days earlier this month. Physical buyers were also bolstered by billionaire investor John Paulson, who said he’s still bullish on gold in the long-term. Silver also rallied over 5% in Thursday trading. Read more…