Fri, 05 Jul 2013 13:08:06 GMT
Gold drops for second day as Dollar jumps ahead of U.S. jobs data
Gold declined for the second day in London and the U.S. Dollar appreciated ahead of U.S. employment report that may signal the economy is growing, boosting speculation the Federal Reserve will taper bond purchases. Gold for immediate settlement slipped 1.3% to $1,234 per ounce. The August Bullion contract decreased 1.4% to $1,234.