At Thursday's lows, gold had only about $3 of buffer space to stay above the $1,900 support level, as the price of gold declined on signs that the U.S. jobs report for June could exceed expectations, leading to a more hawkish stance by the Federal Reserve.
The front-month August gold futures contract on the New York Comex settled at $1,915.40 per ounce, down $11.70 or 0.6% on the day. The session's lowest point was $1,902.72, once again staying above the three-month low of $1,900.60 reached a week ago.
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