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Gold futures were lower Thursday morning as U.S. stocks were poised to steady after significant recent losses.
Gold was down $2 at $1258/oz, the lowest in more than six months. A stronger dollar and rate hike expectations have diminished golds value in 2018.
An updated estimate on U.S. first-quarter economic growth is set for 8:30 a.m. Eastern Time, with economists expecting at least 2.2% growth.
Weekly jobless claims are also on tap, with economists forecasting 220,000 claims.
Globally, attention will be paid to the two-day European Union meeting on migration policy that's kicking off in Brussels today.
European stocks were lower at mid-day in Paris.
