• Gold fluctuates

Market news

31 May 2012

Gold fluctuates

 

 

The price of gold fluctuates on Thursday at the statistical data on the number of Americans who first applied for unemployment benefits, as well as news on the number of jobs in nonagricultural sectors of the U.S. economy in May.

The number of initial claims for unemployment benefits in the U.S. for the week ending May 26, unexpectedly increased by 10,000 and totaled 383,000. Analysts do not expect growth in the number of applications from the previous unrevised figure of 370,000.

The number of jobs in private companies in the USA in May increased by 133,000compared with April, although the projected growth of 150,000 people.

The cost of the June gold futures on the COMEX is kept in the range of $ 1551.8 - $1572.6 per ounce.


 

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