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Gold shines on US jobs data

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Gold prices soared, on the reduced chance of a US rate hike following the surprise deceleration in US job creation.

London

GOLD, seen as a haven investment, rallied on Friday last week as weaker-than-expected US jobs data weighed on the dollar.

The precious metal, which had fallen for most of the week, shot higher as the poorly-received employment figures meant that the Federal Reserve was

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