Gold climbed above $1,300 an ounce, or 0.5%, in U.S. markets, Thursday, following the European Central Bank’s unexpected trillion euro stimulus package announcement; however, gold in euro terms is most notable. After Wednesday’s close of roughly €1,113.41 an ounce, gold denominated in euros was able to climb 2.73% Thursday, to session high of €1,145.61 an ounce. This is the highest level seen since April 2013. Following the ECB move, the euro slid to an 11-year low against the U.S. dollar and now sits around 1.1373 as of 1:39pm EST.
