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gold prices holding above $4,100 as weekly jobless claims rise by 189k

Barchart·11/05/2026 07:48:06
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(Kitco News) - Gold prices are holding initial support above $4,100 an ounce, but downside risks appear to be growing as positive momentum in the U.S. labor market picks up, with the number of American workers applying for first-time unemployment benefits dropping sharply last week.