Gold Still Softer After U.S. Jobless Claims Rise 11,000 To 222,000

(Kitco News) – Gold remained on the defensive after Labor Department data Thursday showed that initial weekly U.S. jobless claims rose by 11,000 to 222,000 in the week to Saturday. Comex June gold was last down $3.60 to $1,287.90 an ounce.

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