Gold approaches session low $4,450/oz after U.S. weekly jobless claims fall to 206k
KITCO·2026-08-20 20:42
(Kitco News) - Gold prices are getting closer to the $4,450 per ounce session low on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.Initial claims for state unemployment benefits came in at seasonally adjusted 206,000 for the week ending August 15, the Labor Department announced on Thursday. The number was below expectations, as consensus estimates forecasted a read ...