Gold prices holding steady as U.S. weekly jobless claims jump to six-month high
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The U.S. Labor Department reported that weekly jobless claims came in at 231,000 during the week ending April 20, a jump of 22,000 from last week’s revised level of 209,000 claims. Claims have risen to their highest level since November. Despite the disappointing labor market data, gold prices continue to hold gains early in the session, with June gold futures last traded at $2,334.60 an ounce, up 0.53% on the day.
https://www.kitco.com/news/article/2024-05-09/gold-prices-holding-steady-us-weekly-jobless-claims-jump-six-month-high