Gold shines Reuters

Gold jumped more than 2 percent on Friday and silver surged over 5 percent for its best day this year as weaker-than-expected US jobs data dented expectations the US Federal Reserve will raise interest rates this year, triggering short-covering.
Investors raced to cover bearish short bets and some put on new longs after US Labour Department data showed payrolls outside of farming rose by 142,000 last month, much lower than the 203,000 expected.
The data lifted prices off two-week lows, fuelling concerns that a China-led global economic slowdown is sapping U.S. economic strength and reinvigorating the moribund bullion market that had been rangebound for months.
Traders had braced for a long-expected US rate hike, the first in almost a decade, later this year, which could hurt demand for non-interest-paying gold while boosting the dollar.