Gold Fizzles in Worst Week Since ‘13 as Fed Rate Fears Resurface

  • Bullion poised for worst weekly loss in more than three years
  • The U.S. added 156,000 jobs last month, trailing estimates

Gold Fizzles in Worst Week Since 2013

Gold had the the biggest weekly loss in more than three years as investors judged that a weaker-than-expected U.S. payrolls report won’t be enough to sidetrack the Federal Reserve from raising interest rates this year.

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