Gold rose on Friday and was set for a weekly gain after four straight weeks of ​declines, as weak U.S. jobs data dampened expectations for a near-term Federal Reserve rate hike. Spot gold was ​up 1.3% ​at $4,176.29 per ounce by 1006 GMT, after hitting its highest since June 23. Bullion held above its 21-day moving average and is up over 2% ⁠for the week so far. U.S. gold futures for August delivery gained 1.53% to $4,188.80/oz. Data on Thursday showedthat U.S. nonfarm payrolls rose by 57,000 last month, below the 110,000 expected by economists in a Reuters poll. Gold's rally was driven by a sharp slowdown in ​U.S. ... (full story)