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Gold rallies to highest in a month as U.S. jobs growth slows

Reuters  – Gold extended gains to a third session on Monday to hit its highest in a month after a surprisingly weak U.S. jobs report stoked expectations that the Federal Reserve could temper the pace of its stimulus wind-down.

A weaker U.S. dollar also supported prices, although physical demand in China – the world’s biggest bullion consumer – dropped off due to the rally in prices.

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