Gold Futures Decline as U.S. Jobs Data Eases Concerns on Economy
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Gold futures fell after a report showed U.S. job gains were revised higher in prior months, giving relief to investors rattled by disappointing economic data this week.
Total nonfarm payrolls climbed 136,000 in September, a government report showed Friday. That compares with the 145,000 estimate of economists surveyed by Bloomberg. Revisions were a bright spot, adding 45,000 jobs for the prior two months.