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Gold prices fell to session lows on Thursday morning after labor market data came in weaker than economists had expected, according to Kitco News . The report followed the release of weekly unemployment benefit figures that exceeded consensus estimates. Initial claims for state unemployment benefits totaled a seasonally adjusted 200,000 for the week ending November 7, the Labor Department announced Thursday. Economists had forecast 195,000 claims, and the prior week's figure was revised to 191,000. Spot gold touched fresh session lows after the 8:30 am ET release and last traded at $3,903.98 per ounce, down 2.11% on the daily chart.
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