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Us unemployment data drive the gold price to rise again
Gold prices recovered on the spot market on Thursday registered the highest price of gold during the meeting at 1774.99 dollars an ounce with the release of us unemployment data is better than expected, prompting the dollar to fall against the euro and the rise of gold price in trades.
U.s. Department of labor said that there was a decline for the second consecutive week in applications for unemployment benefits registered the lowest level since the first week of April.
The gold price was immediately boarded by 1342 GMT to 1772.10, up from the previous price of the evidence at 1769.54 dollars an ounce.