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Urgent: Gold down sharply on strong U.S. jobs report

Xinhua, May 1, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell sharply on Thursday as a much-better-than-expected jobs report put pressure on the precious metal.

The most active gold contract for June delivery lost 27.6 U.S. dollars, or 2.28 percent, to settle at 1,182.4 dollars per ounce. Endite