LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

Understanding Today's Move in Gold

[bubbleworld]

Today (Friday May 2nd) Gold shot up by $20, moving from $1280 to $1300 really quick. However, the employment report on the Link: Bloomberg Economic Calendar for today was really good.

So er... why did Gold go up? I thought the relationship would be inverse, where signs of recovery in the U.S. make the price of gold go down. Is it just Ukraine flaring up again? The headlines on Ukraine are so continuous now I'm not sure if the current actions there are "more severe".

Just trying to understand today's move. Thanks to anyone with insight! and GLTAL