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Gold eases ahead of U.S. payrolls data

  • Listed: April 1, 2011 11:23 am


* Gold pressured by expectations monetary policy may tighten * Coming up: U.S. non-farm payrolls data, 1230 GMT * SPDR gold ETF sees biggest ever quarterly outflow in Q1 * U.S. Mint reports highest ever quarterly silver coin sales (Updates throughout, changes dateline, pvs SINGAPORE) By Jan Harvey LONDON, April 1 (Reuters) – Gold prices eased towards $1,430 an ounce in Europe on Friday ahead of hotly anticipated U.S. payrolls data for March, amid expectations that a strong number could increase the likelihood of tighter U.S. monetary policy. Spot gold was bid at $1,434.35 an ounce at 0940 GMT, against $1,436.48 late in New York on Thursday. U.S. gold futures for April delivery fell $4.20 to…

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