MW: Crude oil lower, gold up after U.S. jobless claims
By Nick Godt
NEW YORK (MarketWatch) -- Crude oil stayed lower and gold futures higher on Thursday after the U.S. Labor Department said jobless claims rose 2,000 to 484,000 in the latest week. Economists expected claims to drop. Crude oil for September delivery was down $1.64, or 1.6%, at $76.75 a barrel. Gold for December delivery was up $16.70, or 1.4%, at $1,215.50 an ounce.