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Gold settles lower on Friday

Gold settles lower on Friday

Mubasher: Gold went down at Friday’s settlement, as US unemployment stabilised during March.    

Comex June gold declined $1.3, or 0.1%, to close at $1,295.6 per ounce.

Last month, the unemployment rate remained at 3.8%, as the number of jobless people remained at 6.2 million, according to the US Bureau of Labour Statistics (BLS).