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Gold under pressure as jobless claims remain below 200K, supporting further rate hikes
Source: kitco.com
Commodities & Raw MaterialsEconomic DataInterest Rates & Yields

Gold remains under pressure and may decline further as U.S. initial unemployment claims stay below a critical threshold, signaling continued labor-market resilience. The data reduces the case for near-term monetary easing, supporting higher-rate expectations that are typically unfavorable for non-yielding gold.
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