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traded near a three-week low , as good indicators of employment in the United
States, released on Friday , forcing investors fear the Fed reduce the incentives
in the near future.
The price of gold fell to 1280.50 dollars after the U.S. Labor Department announced an increase in the number of jobs in October to 204,000 people, and adjusted upward as a whole to 60,000 data for the previous two months.
Report data for October exceeded the expectations of economists , who had forecast growth in the number of jobs at 126,000 . As a result, the average growth over the past three months has exceeded 200,000 .
that the data beat expectations , revived fears among investors that the
This year Gold futures fell by 28% at the end of June reached a minimum 1,211.60 on fears began rolling program of bond purchases the Fed, which increased the yield of the bonds and the U.S. dollar strengthened .
fall below $ 1,300 did not cause a significant increase in demand in
The cost of the December gold futures on COMEX today dropped to $ 1278.10 per ounce.
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