Gold prices declines as US Labour data claims 15-year lows

Gold prices extended their decline on Thursday after a weekly report showed US jobless claims were pinned near 15-year lows, a sign that the economy continues to strengthen. The most actively traded contract, for June delivery, was recently down US$8.80, or 0.8 per cent, at US$1,181.50 a troy ounce on the Comex division of the New York Mercantile Exchange Read More