Gold rises on lower than expected employment data

CHICAGO, July 7 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose Friday on lower than expected U.S. employment data.

The most active gold contract for August delivery rose 17.10 U.S. dollars, or 0.89 percent, to close at 1,932.50 dollars per ounce.

The U.S. Labor Department released its monthly big jobs report on Friday, showing that the U.S. economy added 209,000 jo