Gold futures on Thursday gave up some of the prior session’s sizable advance as a better-than-expected reading on jobless claims dented haven demand for the precious metal and other safety investments.
June gold US:GCM5 fell $7.30, or 0.6%, to settle $1,200.90 an ounce on Comex. Prices ended little changed from last Friday, when the April gold contract settled at $1,199.80.
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