Gold Falls as Investors Dip Toes Back in U.S. Equities
May 31, 2019 at 10:54 AM EDT
Risk-on was back in U.S. equities after the Dow Jones Industrial Average fell over 200 points on Wednesday due to trade spat fears. In the meantime, gold prices dipped modestly as the the Labor Department reported that jobless claims rose by 3,000 to a seasonally adjusted 215,000 in the week to Saturday, which fell in line with expectations.
