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The latest of commodities coverage on eLesor.

Gold nosedives Thursday, puts futures on the verge of worst daily drop in 7 months

Gold nosedives Thursday, puts futures on the verge of worst daily drop in 7 months

Gold futures were headed for their biggest one-day loss in about seven months Thursday, following a hawkish turn by the Federal Reserve. August gold contracts were down 4.2% at $1,784.80, which would represent the steepest percentage drop since Nov. 9, FactSet data show. The tumble comes after th...

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...

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