Gold falls on stronger than expected U.S. data

CHICAGO, June 2 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday as the U.S. May jobs report is stronger than expected.

The most active gold contract for August delivery fell 25.90 U.S. dollars, or 1.30 percent, to close at 1,969.60 dollars per ounce.

The U.S. Labor Department reported Friday that U.S. economy added 339,000 new jobs in May, better than the