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Gold rises as US market grows cold on July rate hike

Gold rose for a third straight session after mixed US jobs data on Thursday, with the dollar tumbling on expectations of the Federal Reserve skipping an interest rate hike at its next policy meeting.

Spot gold gained another 0.8% to $1,977.96 an ounce while US gold futures was up 0.7% to $1,996.40 per ounce in New York.

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