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    Gold up 1.2 pct on lower dollar ahead of U.S. jobs data

    LONDON, May 3 (Reuters) - Gold prices rose more than 1 percent to one-week highs, bolstered by a weaker dollar ahead of monthly jobs data from the United States.

    Spot gold rose 1.2 percent to its highest level since April 26 at $1,483.50 an ounce and was then at $1,482.10 by 1018 GMT. The metal broke strong chart resistance at $1,480, which may signal further gains, traders said.

    The U.S. nonfarm payrolls report is scheduled for release at 1230 GMT.

    (Reporting by Clara Denina; Editing by William Hardy)

    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      0.96510.00+0.01%
      AUDUSD=X
      0.63800.00+0.04%
      AUDGBP=X
      0.74610.00+0.03%
      AUDEUR=X
    • Commodities
      Commodities
      NamePriceChange% Chg
      1,453.60-8.80-0.60%
      GCJ13.CMX
      28.58-0.21-0.73%
      SIH13.CMX
      3.450.02+0.51%
      HGH13.CMX
      93.300.34+0.37%
      CLJ13.NYM