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U.S. initial jobless claims held at 197,000, below the 200,000 forecast for a second straight week and the lowest since mid-July.
Gold hovered near the midpoint of its daily range at $4,122.37, up 0.27%, after Labor Department data showed initial jobless claims of 197,000 for the week ending October 3, below the 200,000 consensus estimate.
WASHINGTON — The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despi...