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Gold sees worst week since '13 on renewed rate fears

While the decline in gold prices over the past month has been in line with Goldman Sachs Group's bearish outlook, there could be a case for purchases if the selloff deepens, according to analysts including Jeffrey Currie and Max Layton.

New York

GOLD had the biggest weekly loss in more than three years as investors judged that a weaker-than-expected US payrolls report won't be enough to sidetrack the Federal Reserve from raising interest rates this year.

Cleveland Fed president Loretta Mester said on Friday that