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Gold jumps as US jobs disappointment dims prospects of tightening by Fed

Gold mining companies expand the hedge book to the highest level for 6 years during Q2

New York

GOLD futures gained, reducing a weekly decline, after US employment data missed estimates, boosting the metal's appeal as a haven.

Payrolls climbed by 151,000 last month following a 275,000 gain in July, a Labor Department report showed on Friday in Washington. The median...

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