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Gold slides on rate hike fears after strong US jobs data

Monday, April 4, 2016 - 05:50

Gold saw its biggest quarterly rise in nearly 30 years in the three months to March, rallying more than 16%.

New York

GOLD fell more than one per cent on Friday after US March payrolls data beat expectations, allaying some fears about the US economy and stoking speculation about the timing of likely interest rate hikes by the Federal Reserve this year.

US employers added 215,000 jobs in

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