Gold futures trade higher after jobless claims falls to pandemic low

Contracts for gold on Thursday were trading solidly higher after reports on the U.S.s economic recovery from the COVID pandemic. U.S. retail sales minus autos & gas rose 8.2% in March and U.S. initial jobless claims fell to 576,000 in the latest week. June gold GCM21, +1.87% traded 0.7% higher at $1,749.10 an ounce on Comex.

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