MW: Crude oil, gold futures rise after jobless claims
By Nick Godt
NEW YORK (MarketWatch) -- Crude oil and gold futures added to early gains on Thursday after the U.S. government reported a bigger than expected drop in the number of people filing for unemployment insurance in the latest week. Crude oil for October delivery was up 98 cents, or 1.3%, to $73.48 a barrel. Gold for December delivery was up 90 cents, or 0.1%, to $1,238.60 an ounce. Jobless claims fell 31,000 to 473,000 in the latest week, the first drop in one month. Economists surveyed by MarketWatch had expected initial claims to drop to 490,000.
