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Gold Reverses Gains On Better-Than-Expected Jobs Number

wochit business
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March 07, 2014 AT 6:21 AM
U.S. stocks are on the rise Friday morning, following the news that the U.S. added 175,000 jobs in February, 25,000 more than economists had predicted. But with the Dow, Nasdaq and S&P 500 heading upwards on the news, gold is losing the ground it gained earlier in the week on investor fears over the crisis in Ukraine.