· Gold futures on the COMEX division of the New York Mercantile Exchange fell on Thursday as U.S. Treasury bills strengthened.
· The most active gold contract for April delivery fell 7.7 U.S. dollars, or 0.42 percent, to close at 1,841.2 dollars per ounce.
· Gold was under additional pressure as Labor Department reported that 847,000 people filed for first-time jobless claims in the week ending Jan. 23, the lowest level in three weeks.
· Gold found some support as U.S. Federal Reserve announced on Wednesday that the pace of economic recovery would depend on vaccines and that the pace of recovery has moderated in recent months.
· Silver for March delivery rose 53.3 cents, or 2.1 percent, to close at 25.922 dollars per ounce. Platinum for April delivery fell 6.6 dollars, or 0.61 percent, to close at 1,072.4 dollars per ounce.
Reference: Xinhua
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