{"id":1440,"date":"2026-08-20T19:52:08","date_gmt":"2026-08-20T19:52:08","guid":{"rendered":"https:\/\/goontrading.com\/en\/gold-approaches-session-low-4450-oz-after-u-s-weekly-jobless-claims-fall-to-206k\/"},"modified":"2026-08-20T19:52:08","modified_gmt":"2026-08-20T19:52:08","slug":"gold-approaches-session-low-4450-oz-after-u-s-weekly-jobless-claims-fall-to-206k","status":"publish","type":"post","link":"https:\/\/goontrading.com\/en\/gold-approaches-session-low-4450-oz-after-u-s-weekly-jobless-claims-fall-to-206k\/","title":{"rendered":"Gold approaches session low $4,450\/oz after U.S. weekly jobless claims\u00a0fall\u00a0to\u00a0206k"},"content":{"rendered":"<p>\u26a1 <b data-path-to-node=\"4,0,1\" data-index-in-node=\"2\">Trade with Ultra-Low Spreads on IC Markets!<\/b> \u2794 <a href=\"https:\/\/ic.com\/?camp=28736\" target=\"_blank\" rel=\"nofollow noopener\"><code data-path-to-node=\"4,0,1\" data-index-in-node=\"48\">[Link]<\/code><\/a><\/p>\n<p>\ud83c\udf81 <b data-path-to-node=\"8,0,1\" data-index-in-node=\"3\">Get Your Exclusive XM Deposit Bonus Now!<\/b> \u2794 <a href=\"https:\/\/clicks.pipaffiliates.com\/c?c=423232&amp;l=vi&amp;p=6\" target=\"_blank\" rel=\"nofollow noopener\"><code data-path-to-node=\"8,0,1\" data-index-in-node=\"46\">[Link]<\/code><\/a><\/p>\n<p>\ud83d\udca1 <b data-path-to-node=\"12,1,1\" data-index-in-node=\"3\">Master the Markets with FXTM Copy Trading<\/b> \u2794 <a href=\"http:\/\/www.fxtm.com\/en\/learn\/copy-trading\/?form=JeWL\" target=\"_blank\" rel=\"nofollow noopener\"><code data-path-to-node=\"12,1,1\" data-index-in-node=\"47\">[Link]<\/code><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"Gold approaches session low $4,450\/oz after U.S. weekly jobless claims\u00a0fall\u00a0to\u00a0206k teaser image\" width=\"1340\" height=\"756\" data-nimg=\"1\" class=\"rounded-lg object-contain w-full h-auto\" style=\"color:transparent\" src=\"https:\/\/goontrading.com\/en\/wp-content\/uploads\/sites\/3\/2026\/08\/38a459a4-4f39-4af3-9bae-346d573443c4.webp\" title=\"38a459a4-4f39-4af3-9bae-346d573443c4\"><\/p>\n<div class=\"relative text-base article-alias_articleBodyStyles__zkPMo article-alias_articleWrapper__atgO6\" id=\"articleBody\">\n<p>(Kitco News) &#8211;\u00a0Gold prices are getting closer to the $4,450 per ounce session low on Thursday morning following the release of\u00a0better than expected\u00a0labor market data after the number of Americans filing new claims for unemployment benefits came in\u00a0below\u00a0economists\u2019 forecasts.<\/p>\n<p dir=\"ltr\">Initial claims for state unemployment benefits came in at seasonally adjusted\u00a0206,000 for the week ending August 15, the Labor Department announced on Thursday. The number was\u00a0below\u00a0expectations, as consensus estimates forecasted a reading of 210,000 claims. The previous week\u2019s figure was revised to 212,000 from 209,000.\u00a0<\/p>\n<p dir=\"ltr\">Spot gold was approaching a retest of its session low\u00a0shortly after the 8:30 am ET data release, which came out at the same time as the Philly Fed index, and last traded at $4,454.74 per ounce for a\u00a0loss\u00a0of 1.51% on the daily chart.<\/p>\n<p><span data-rmiz=\"\"><span data-rmiz-content=\"not-found\"><img decoding=\"async\" alt=\"article image\" loading=\"lazy\" width=\"600\" height=\"300\" data-nimg=\"1\" class=\"rounded-lg preview-image mb-2.5 block w-full h-auto\" style=\"color:transparent\" src=\"https:\/\/goontrading.com\/en\/wp-content\/uploads\/sites\/3\/2026\/08\/206155e9-5596-430e-9f6f-b4da974d3904.png\" title=\"206155e9-5596-430e-9f6f-b4da974d3904\"><\/span><\/span><\/p>\n<p dir=\"ltr\">Meanwhile, the four-week moving average for new claims \u2013 often viewed as a more reliable measure of the labor market since it flattens week-to-week volatility \u2013 came in at\u00a0204,000 against expectations for 200,000 and following the previous week\u2019s 199,750 level.<\/p>\n<p dir=\"ltr\">Continuing jobless claims, which represent the number of people already receiving benefits, were at\u00a01.799 million during the week ending August 8 against expectations for 1.790, and following the previous week\u2019s\u00a0revised 1.791 million level.<\/p>\n<\/div>\n<p style=\"text-align: right\">Kitco.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u26a1 Trade with Ultra-Low Spreads on IC Markets! \u2794 [Link] \ud83c\udf81 Get Your Exclusive XM Deposit Bonus Now! \u2794 [Link] \ud83d\udca1 Master the Markets with FXTM Copy Trading \u2794 [Link] (Kitco News) &#8211;\u00a0Gold prices are getting closer to the $4,450 per ounce session low on Thursday morning following the release of\u00a0better than expected\u00a0labor market data &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-1440","post","type-post","status-publish","format-standard","","category-gold-commodities-trade-news"],"_links":{"self":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts\/1440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/comments?post=1440"}],"version-history":[{"count":0,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/posts\/1440\/revisions"}],"wp:attachment":[{"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/media?parent=1440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/categories?post=1440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goontrading.com\/en\/wp-json\/wp\/v2\/tags?post=1440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}