Gold price holding above $4,200 as U.S. jobless claims remain below 200k - KITCO
Gold price holding above $4,200 as U.S. jobless claims remain below 200k - KITCO
Source: KITCO
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DW NOTE
The jobless claims figure tells you nothing about the labour market — it tells you about mass layoff events. Claims below 200k mean companies aren't sacking people in bulk. They can still be quietly not hiring, cutting hours, or leaving vacancies unfilled. Gold at $4,200 reflects a decade of central banks choosing inflation over discipline, not the health of the U.S. labour market.