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U.S. Weekly Jobless Claims Fall to 187K, Below Forecast, Sending Spot Gold Down 1.41% to Session Lows

2026-07-23 20:18:19

According to Kitco News, U.S. initial jobless claims fell to 187,000 for the week ending July 18 on Thursday, below economists' consensus forecast of 212,000. The Labor Department's release triggered a market selloff, with spot gold prices declining 1.41% to session lows of $4,071.59 per ounce. The four-week moving average for new claims also came in better than expected at 207,500 versus the forecasted 213,000.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

U.S. Initial Jobless Claims Fall to 187,000, Lowest Since September 1969

Spot Gold Falls 2% to $4,046.92/oz, Silver Drops 4% Intraday

U.S. Initial Jobless Claims Four-Week Average Falls to 207,500 as of July 18

U.S. Initial Jobless Claims Drop to 187,000 in Week of July 18, Below 210,000 Forecast

U.S. Continuing Jobless Claims Fall to 1.796M for Week Ended July 11, Below Forecast

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