Gold futures drop below $930 after US jobs data

Thu Jul 2, 2009 1:45pm BST
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 NEW YORK, July 2 (Reuters) - New York gold futures fell below $930 an
ounce Thursday, losing 1.5 percent as the dollar rose against the euro
after data showed U.S. employers cut more jobs than expected in May.
 August gold futures GCQ9 were down $13.70, or 1.4 percent, at $927.60
an ounce at 8:41 a.m. EDT (1241 GMT) on the COMEX division of the New York
Mercantile Exchange.
 (Reporting by Frank Tang; Editing by John Picinich)





 
 
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