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U.S. Jobless Claims Fall to 215K Below Forecast, Spot Gold Rises Above $4,100

2026-07-09 18:25:47

According to Kitco News, U.S. initial jobless claims came in at 215,000 for the week ending July 4 on Thursday, beating economists' forecast of 218,000. Spot gold prices rose above $4,100 per ounce following the stronger-than-expected labor market data, with gold hitting a session high of $4,120.16 and last trading at $4,112.10 for a daily gain of 0.86%. The four-week moving average for new claims also came in below expectations at 218,750 versus the forecast of 220,000, while continuing jobless claims stood at 1.814 million against expectations for 1.820 million.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Spot Gold Touches $4,100 Per Ounce, Up 0.55% Today

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