Gold set for biggest weekly drop in 3-1/2 months as US debt talks weigh

Gold prices on Friday were on course for their biggest weekly drop in 3-1/2 months as recent strong U.S. economic data and hopes for a resolution in the debt debate took some shine off bullion. The fundamentals include strong U.S. job growth numbers and hopes for a resolution in the debt debate, but these factors are likely to be overshadowed by the dollar's strengthening against other currencies.

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