By Anna Andrianova
NEW YORK (MarketWatch) -- Gold futures shaved off most of their losses on Friday after the release of the U.S employment report. Gold futures for August delivery GCQ2 -0.17% fell $6.50 to $1,602.70 per ounce on the Comex division of the New York Mercantile Exchange. The contract had been down around $13 an ounce before the data. The U.S. economy added 80,000 jobs in June, and the unemployment rate remained unchanged, the government reported Friday. Economists polled by MarketWatch had expected a rise of 100,000 in payrolls.
