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US jobless claims steady at 199,000, gold prices hold above $4,100 amid inflation concerns

Market News
15 Oct 2026
Kitco
View Source
Neutral
US jobless claims steady at 199,000, gold prices hold above $4,100 amid inflation concerns

US initial unemployment claims remained stable at 199,000 for the week ending October 10, matching expectations and showing a muted labor market impact despite ongoing inflation. The four-week moving average of claims was slightly above forecasts at 198,500. This steady labor data has had little effect on gold prices, which rose over 1% to trade above $4,100 an ounce, reflecting safe-haven demand amid economic uncertainty. Investors continue to watch inflation and labor trends for clues on future market movements.

Gold holding steady amid stable U.S. labor market data is the story's focus, with Pluang market data providing context as of Oct 15, 2026, 19:51 WIB. Of 150 US stocks priced on Pluang, 79 rose and 70 fell today. Notably, UMC, SNOW, and INTC all declined around 3.9%, contrasting with the steady gold price above $4,100 an ounce mentioned in the news.

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