Gold jumps most since April as traders see upside

New York

GOLD traders are taking the long view, spurring enough optimism in the market to drive the biggest price gain since April and make miners some of the best performing stocks.

While a government report showing gains for US jobs reinforced expectations that the Federal Reserve will raise interest rates this month, bullion investors saw past the headline numbers.

The underemployment rate crept higher, reflecting a rise in the number working part-time for economic reasons, one of Fed chair …