Gold prices largely ignore stable labor market data as U.S. weekly jobless claims rise to 204K

Gold prices largely ignore stable labor market data as U.S. weekly jobless claims rise to 204K

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The gold market is ignoring stable labor market data as it sees some modest technical bargain hunting after Wednesday’s drop to a 6.5 month low. Thursday, the U.S. Labor Department said that weekly jobless claims increased by 2,000 to 204,000 during the week ending Sept. 23, up from the previous…

#uslabordepartment #federalreserves #federalreservechair #jeromepowell

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