Gold dips as jobless claims sparkle

Gold has posted slight losses on Thursday. In North American trade, the spot price for one ounce of gold is $1287.99, down 0.14% on the day. In the U.S., the highlight was unemployment claims, which…

U.S weekly jobless claims lowest since 1969

The number of Americans filing applications for unemployment benefits dropped to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth. Initial claims for state unemployment benefits declined…