Gold slides more than 2% as strong U.S. jobs lift rate-hike bets
Gold fell over 2% on Friday, down 2.2% to $4,376.04, as stronger-than-expected U.S. jobs data boosted expectations the Federal Reserve could raise rates as soon as this month.
By Sumit SahaGold fell over 2% on Friday and was headed for a weekly loss after stronger-than-expected U.S. jobs data boosted expectations that the Federal Reserve could raise interest rates as soon as this month, denting non-yielding bullion's appeal.Spot gold TVC:GOLD slipped 2.2% to $4,376.04 pe…