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Gold Prices Edge Up After Slew of U.S. Data; All Eyes on GDP
Gold prices edged up on Friday after the release of a slew of U.S. economic data overnight.Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2% at $1,281.85 per ounce by 1:16 AM ET (05:16 GMT).
the U.S. Department of Labor reported that initial jobless claims rose by 37,000 to a seasonally adjusted 230,000 for the week ended April 21, missing economists’ forecast for a rise to 199,000.
The Commerce Department said on Wednesday core durable goods orders rose 0.4% last month, beating economists' forecasts for a 0.2% rise.
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