Posts Tagged ‘initial-jobless’

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Gold tumbles to $1,740 while stock markets bounce back strongly

Gold tumbles to $1,740 while stock markets bounce back strongly
Gold traders saw the precious metal lose over $60 in value today after gold dipped below $1,740 in afternoon trading. Yesteray gold broke through $1,800/oz Full story

Gold rises after Fed as ETFs shed bullion

* Fed's lukewarm economic assessment boosts safe-haven bid * SPDR gold ETF records biggest ever one-day outflow * Option investors expect futures to bounce * Coming up: U.S. Full story

PRECIOUS-Weak dollar helps gold, spurs silver, palladium

* Gold up for a third day above $1,410/oz * Palladium hits nine-year peak, silver at 30-year highs * Coming up: U.S. initial jobless claims; 1330 GMT (Updates prices) LONDON, Dec 30 (Reuters) - Weakness in the U.S. dollar and a year-end flurry of Full story

Gold Settles $4.60 Lower Today… ($1373.00)

Today’s trading session produced a $12.30 subdued range as traders appeared to take profits ahead of the Thursday Thanksgiving Day Holiday. Volume remained crisp as traders received strong Initial Jobless Claims data as the Department of Labor revealed that initial weekly claims were 407.000 far better than the 435,000 analysts projected….I believe many traders still Full story

PRECIOUS-Gold rises as U.S. inflation data weighs on dollar

* Silver, palladium rose more than two percent * Spot gold to fall to $1,317-technicals * Coming Up: U.S. initial jobless claims; 1330 GMT (Updates prices) SINGAPORE, Nov 18 (Reuters) - Gold rose more than one percent on Thursday, buoyed Full story

Gold Settles $10.80 Lower …($1399.30)

Today’s Globex session traded a very choppy and volatile $26.60 range as traders attempted to decipher all the economic data. Due to tomorrows Banking Holiday (Veterans Day) the United States Department of Labor released better than expected Initial Jobless Claims data showing first time claims to be - 435,000 better than the projected 450,000. Full story

Gold sets another record

Despite some selling and a stronger US dollar, gold prices inched higher after a jump in initial jobless claims. Posted by TheStreet Staff on Thursday, September 23, 2010 11:11 AM Gold prices set another record high Thursday despite pressure from a Full story

Gold keeps rising on safe haven demand after US jobless claims climb

Gold extended gains today as demand for safe haven assets remained high after yesterday’s report from the Labor Department revealed an increase of 2,000 in initial jobless claims in the US, which currently stand at five month highs at 484,000. Analysts Full story

Gold Settles $3.40 Higher… ($1199.30)

Today’s Gold session covered a choppy $10.80 range as traders prepare for tomorrow’s unemployment data due to be released at 7:30 am (CST). Today’s Initial Jobless Claims unexpectedly rose to a three month high of 479,000 an increase of 19,000 for the week ending July 31st … European Central Bank President Jean-Claude Trichet stated “the European Full story

December Gold Settles $8.80 Higher …($1168.00)

Today’s Gold trade covered a sluggish $10.40 range. It appeared that many traders were side-lined after the Initial Jobless Claims (457,000 better than the 460,000 that was projected) as traders positioned themselves for the upcoming GDP and Unemployment Cost Index data that will be revealed Friday at 7:30 am (CST)… Full story
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