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The Number Of New Jobless Claims In The U.S. Hit A 17-month Low Last Week / The Price Of Gold Fell Below $1780

The Number Of New Jobless Claims In The U.S. Hit A 17-month Low Last Week

The number of new jobless claims in the United States continued to fall to 348,000 last week, a 17-month low. The market originally expected 363,000, a decrease of 29,000 from the previous value. During the period, the number of people who continued to apply for unemployment benefits increased by 79,000 to 2.82 million. The market originally expected it to be 2.899 million. The data reflects that the labor market is recovering steadily. However, the problem of labor shortage is making companies encounter certain difficulties in recruitment, which may affect corporate confidence in the long run.


The Price Of Gold Fell Below $1780

 The global market risk sentiment suddenly cooled on Thursday. The minutes of the Federal Reserve meeting signal that it may be appropriate to reduce debt purchases this year, and the impact of the Delta variant of the new crown virus strain on the prospect of economic recovery has put pressure on risks. Funds poured into the U.S. dollar as a hedge, and the U.S. dollar index hovered around 93.40. The strong rise in demand for the U.S. dollar dragged down the trend of gold prices. It once fell below the $1780 mark during the intraday session and is currently trading at around $1782 per ounce.


 

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