India, July 17 -- Gold prices fell on Thursday as reports today indicated a stronger US job market along with dynamic retail sales data.
Front Month Comex Gold for July delivery fell $12.40 (or 0.37%) to $3,340.10 per troy ounce today.
Front Month Comex Silver for July delivery gained 20.30 cents (or 0.54%) to $38.056 per troy ounce today.
Today, the economic data released by the US commerce department revealed that retail sales in the US has increased 0.6% month-over-month in June after successive declines over the two previous months.
Employment data released by the US Department of Labor today revealed that initial jobless claims fell by 7,000 from the previous week to 221,000 in the second week of July.
The less volatile four-week ...