Gold Does Nothing Today, Ends Year Down About 11%

Gold futures barely budged Thursday, ending 2015 down about 11 percent. It was the third year in a row gold prices were lower despite ultra-easy U.S. monetary policy.

U.S. gold for February was flat at $1059 an ounce on the day.

There was little reaction to another round of downbeat U.S. economic data, as most traders were away from their desks getting ready for New Year celebrations.

Early in the day, the Labor Department said U.S. jobless claims jumped 20,000 to 287,000.

The material has been provided by InstaForex Company – www.instaforex.com

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