MCX Gold Tips [12 September, 2024]: As Expected MCX Gold Kiss High 72,880. My Final Target is Rs. 72,880. Same to same fully target hit.
Jobless Claims
Gold Prices on Back Foot as Investors Flock to Safety of Dollar – Gold Silver Reports
Gold prices edged lower in volatile trade on Thursday, as a spike in coronavirus cases and mounting economic tolls drove investors to the safety of the U.S. dollar and pressured risky assets.
U.S. Treasuries Continue to Gain ahead of weekly initial Jobless Claims, 30-year auction
The U.S. Treasuries continued to gain during Thursday’s afternoon session, ahead of the country’s weekly initial jobless claims, scheduled to be released today by 12:30GMT, and the super-long 30-year Note auction, also due later today by 17:00GMT.
Donald J. Trump Tweet – Jobless Claims fell to their lowest level in 49 years!
Donald J. Trump Tweet – Jobless Claims fell to their lowest level in 49 years!
The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting near a 49-year low in a sign the job market remains strong.
U.S. Jobless Claims Rise by Most Since Storms to Five-Week High
Gold Silver Reports – U.S. Jobless Claims Rise by Most Since Storms to Five-Week High – U.S. filings for unemployment benefits jumped to the highest in five weeks, though the level remained low by historical standards, Labor Department figures showed Thursday.
Key Takeaways
The latest period encompasses the reporting week that the Labor Department surveys for its monthly employment figures, which includes the 12th of the month. The four-week average is still below its 240,000 level for the previous survey week in November.