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US payrolls data hits gold prices; copper also slumps

Published Sun, Sep 6, 2015 · 09:50 PM

London

GOLD prices fell towards a second weekly loss on Friday after US payrolls data failed to allay uncertainty over the prospect of a near-term interest rate hike from the Federal Reserve.

Data from the Labor Department on Friday showed that non-farm payrolls rose 173,000 last month, a slowdown from July's upwardly revised gain of 245,000.

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