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Gold prices fall for the session, post a loss of 0.5% for the week

Gold fell on Friday, prompting costs to tally a 2d consecutive weekly loss, as upbeat monthly knowledge on U.S. jobs subsidized the possibility for additional interest-rate hikes this 12 months and provided a spice up to the greenback. December gold GCZ8, -0.21% lost $3.90, or 0.3%, to settle at $1,200.40 an oz. Prices fell 0.5% for the week. They've now posted weekly declines in 8 out of the ultimate nine weeks, according to FactSet knowledge.

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Gold ends decrease, posts weekly loss as U.S. jobs knowledge enhance additional interest-rate hikes

Gold futures ended decrease Friday, development on a loss for the week, as strong U.S. jobs knowledge provide a spice up to the greenback and enhance expectancies for additional interest-rate hikes this 12 months.

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