Gold prices has posted considerable losses on Thursday, as the metal trades at $1080.80 an ounce in the North American session. On the release front, US Unemployment Claims disappointed. The key indicator rose to 281 thousand, above the estimate of 275 thousand. On Friday, there are a host of key US releases, led by Retail Sales and PPI.
Gold has retracted this week, following excellent gains during the first trading week of 2016. Last week, gold was the beneficiary of a move by jittery investors who dumped risky assets…
Gold Posts Losses, US Jobless Claims Climbs
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