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US Jobless Claims Decline, Gold Prices Under Pressure

1 min read
Source: Kitco NEWS
TL;DR

Gold prices are facing technical selling pressure as U.S. weekly jobless claims fell by 10,000 to 230,000, beating expectations. The positive labor market data has led to a muted reaction in the gold market, with December gold futures trading down 0.31% at $1,942.10 an ounce.

Topics:businessfinance#finance#gold-market#gold-prices#jobless-claims#technical-selling-pressure#us-labor-market
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  1. Gold prices remains under pressure as U.S. Weekly jobless claims fall by 10K  Kitco NEWS
  2. US jobless claims fall, core capital goods orders grow incrementally  Reuters
  3. Jobless Claims Fall to Lowest Level in Three Weeks  Bloomberg Television
  4. US Wage Growth Slows as Inflation Cools, Giving Fed Relief, Indeed Says  Bloomberg
  5. US initial jobless claims 230K vs 240K estimate.  ForexLive
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