Gold price slides as dollar firms and equity selloff forces liquidation; focus turns to U.S.-Iran talks
Spot gold fell 1.8% to $4,872.83 an ounce Thursday, while U.S. gold futures closed down 1.2% at $4,889.50, pressured by a stronger dollar and broad selling. Silver plunged 12.1% to $77.36. U.S. jobless claims rose to 231,000 and job openings hit a five-year low. U.S.-Iran talks in Oman are set for Feb. 6, with key U.S. economic reports delayed until next week.