Gold set for third straight weekly decline since September

Source: Bloomberg
© Scanpix/Agence France-Presse
Gold is set for a third straight weekly retreat, the longest streak of declines since September, ahead of the U.S. jobs data that are expected to be positive. Gold for immediate delivery touched $1,287.34 an ounce as of 2:24 p.m. Singapore time from $1,286.70 day earlier. The yellow metal has lost 0.6% this week, after reaching $1,277.79 on Tuesday, making it the lowest level since February 11.
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