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Metals Stocks: Gold futures edge lower, extending decline seen in wake of weak jobs report

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Gold futures traded slightly lower Monday, remaining under pressure after losing ground at the end of last week following a weaker-than-expected September jobs report.

Gold for December delivery GC00 GCZ21 was down $2.90, or 0.2%, at $1,754.50 an ounce on Comex, after edging down 0.1% in a choppy Friday session after data showed the U.S. economy added just 194,000 jobs last month. Economists had looked for a rise of 500,000.

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