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Gold falls on positive U.S. economic data

CHICAGO
2021-10-08 03:04

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CHICAGO, Oct. 7 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Thursday on positive U.S. economic data.

The most active gold contract for December delivery fell 2.6 U.S. dollars, or 0.15 percent, to close at 1,759.2 dollars per ounce.

The U.S. Department of Labor reported on Thursday that new U.S. weekly jobless claims for the week ending Oct. 2 fell by 38,000 to 326,000, better than expected.

Investors are also waiting for the September employment data to be released by the Labor Department on Friday.

Silver for December delivery rose 12.6 cents, or 0.56 percent, to close at 22.658 dollars per ounce. Platinum for January delivery rose 8.1 dollars, or 0.83 percent, to close at 985.3 dollars per ounce.
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