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Rise in Jobless Claims Offers Gold Support

September 5, 2023
in Trade Tube
Reading Time: 1 min read
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Gold lifts higher, erasing Wednesday’s losses, as jobless claims rise more than expected. Meanwhile, oil dips on concerns of increased inventory builds and decreased demand for West Texas Intermediate crude oil. According to Dan Dicker, refinery outages on the Gulf coast are to blame for declines in oil for the past month.

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