Gold prices declined for a second consecutive week, hitting a one-month low despite a weaker-than-expected U.S. jobs report, as geopolitical tensions diminished and profit-taking ensued. The precious metal saw a notable sell-off on Friday, closing the week on a downturn even as labor market data fell short of expectations, suggesting potential easing from the Federal Reserve could come sooner than anticipated. Last week, XAU/USD settled at $2301.81, down $36.24 or -1.55%. {chart} U.S. Jobs Data and Treasury Yield Movements The U.S. economy added only 175,000 jobs in April, well below the anticipated 243,000, while ... (full story)