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Gold rises on weak unemployment data
Last Updated(Beijing Time):2012-05-05 02:32

Gold futures on the COMEX division of the New York Mercantile Exchange rose Friday, as weak job creation numbers from the U.S. Department of Labor supported traders'hopes for quantitative easing policies from the U.S. Federal Reserve.

The most active gold contract for June delivery gained 10.4 U.S. dollars, or 0.64 percent, to settle at 1,645.2 dollars per ounce.

Source:Xinhua 
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