Gold rises ahead of US unemployment data

Gold prices rose ahead of the weekly US jobless claims data, Report informs referring to trading data.

The price of August gold futures on the New York Comex exchange rose by $12.5 from the previous close, or by 0.38%, to $3,333.5 per troy ounce. September silver futures rose by 0.4% to $36,778 per ounce.

Later on July 10, the US Department of Labor will release statistics on the number of initial jobless claims in the country for the week ending July 5. Analysts believe that the figure will increase by 2,000 and will amount to 235,000.