Gold futures edged lower on Thursday on technical selling, while US jobless claims data and consumer prices pointed to a firming economy that reduced gold's risk premium. The Federal Reserve remains on track to wind down stimulus measures also limited the losses.
Gold futures for June delivery settled down $12.30 at $1,293.60 an ounce on the Comex division of the New York Mercantile Exchange. While spot gold fell 0.9 percent to $1,293.0 an ounce.
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