Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.
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(Kitco News) - The gold market is surging higher as the U.S. economy lost jobs in July, significantly missing expectations. The Bureau of Labor Statistics said the economy lost 23,000 jobs in July, versus expectations for a gain of 85,000. The spot gold price last traded at $ 4,3…