Gold prices largely ignore US labor market data as weekly jobless claims drop to eight-month low

Gold prices largely ignore US labor market data as weekly jobless claims drop to eight-month low

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The U.S. labor market continues to see significant bullish momentum as the number of American workers applying for first-time unemployment benefits has dropped to its lowest level since late March. Thursday, the U.S. Labor Department said that weekly jobless claims fell by 13,000 to 198,000 during…

#uslabordepartment #federalreserve #olehansen #saxobank

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