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Gold hits one-week low after US jobs data beats forecasts; aluminium rises

Monday, August 8, 2016 - 05:50

New York

GOLD fell as much as 1.7 per cent on Friday, as the dollar rose after US data showed employment increased more than expected in July, raising the probability of an interest rate hike from the Federal Reserve this year.

US non-farm payrolls increased by 255,000 jobs last