Gold Tests $4,450 as Philly Fed and Jobless Claims Strengthen Rate Hike Risks - Kitco AM Report

Spot gold fell to around $4,454.70 per ounce, down 1.51%, while silver climbed 4.87% to $66.67. Firmer regional manufacturing figures and lower jobless claims trimmed some of the prior day's precious-metals gains that had been fueled by lower Treasury yields.