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Gold Futures Settle Slightly Higher


Gold Futures Settle Slightly Higher
The yield on U.S. 10-year Treasury Note dropped to 1.490%, the lowest level since March.
However, gold s uptick was just marginal as the dollar recovered well after tumbling in the European session. The dollar index, which dropped to 89.84, rallied to 90.16 later on in the day, gaining about 0.1%.
Gold futures for August ended up by $1.10 or nearly 0.1% at $1,895.50 an ounce. Gold futures closed lower by 0.2% on Tuesday, falling after two successive days of gains.
Silver futures for July ended up by $0.271 at $28.002 an ounce, while Copper futures for July settled at $4.5310 per pound, down $0.0250 from the previous close. ....

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U.S. Initial Jobless Claims Dip Slightly More Than Expected

WASHINGTON (dpa-AFX) - A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest decrease in first-time claims ....

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