Gold price firmer ahead of busy U.S. data drop Thursday gold silver Joblessclaim
- Gold prices are modestly up and silver slightly down in early U.S. trading Thursday. More short covering from the futures traders is featured in gold, ahead of a very busy day for U.S. economic reports. August gold was last up $3.90 at $1,931.00 and September silver was down $0.022 at $23.38.
Asian and European stock markets were mostly lower in overnight trading. U.S. stock indexes are pointed toward lower openings when the New York day session begins. Meantime, the U.S. employment situation report for June is out Friday. The key non-farm payrolls number is forecast up 240,000 versus a gain of 339,000 in the May report.
The key outside markets today see the U.S. dollar index lower. Nymex crude oil prices are near steady and trading around $71.75 a barrel. The benchmark 10-year U.S. Treasury note yield is closing in on 4.0%, presently fetching 3.981%.
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