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Gold's Dismal Week Has Investors Asking What's After March Hike

  • Bullion futures post ninth straight daily decline on Fed
  • Non-farm payrolls data show solid job gains in February
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Gold Executives Say Good Assets Are 'Hard to Come By'

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Gold futures posted the longest slump since mid-2015 as momentum in the U.S. labor market bolsters the prospect of multiple U.S. interest-rate increases this year.

U.S. employers added jobs at an above-average pace for a second month in February on outsized gains in construction and manufacturing while wage growth picked up, a government report showed Friday. Gold futures had a ninth straight decline, the longest stretch since July 2015, and a second straight weekly loss.