Gold remains unchanged ahead of U.S. monthly jobs report

By Xu JingUnreguser
  • World
  • Friday, 07 Oct 2022

CHICAGO, Oct. 6 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange remained unchanged on Thursday ahead of the U.S. September nonfarm payrolls report due out Friday.

The most active gold contract for December delivery closed at 1,720.80 U.S. dollars per ounce, unchanged from that on Wednesday.

Both U.S. dollar index and U.S. Treasury yields rose on Thursday.

U.S. Labor Department reported Thursday that U.S. initial jobless claims increased by 29,000 to 219,000 in the week ending Oct. 1. The median estimate of economists called for 204,000 new applications.

Silver for December delivery rose 11.6 cents, or 0.56 percent, to close at 20.66 dollars per ounce. Platinum for January delivery rose 7.2 dollars, or 0.79 percent, to close at 921.8 dollars per ounce.

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