Gold prices European market fell on Friday, extending losses for a third day in a row near the lowest level in five registered the previous session weeks, it is expected labor market data investors in the United States represented by the jobs data and the rate of unemployment in search of new signs emphasizes the recovery of the US economy during the second quarter, including It may precipitate the Federal Reserve, "the US central bank" to raise interest rates. Gold trading by 09:07 GMT, around $ 1175.75 an ounce time of the opening level of $ 1176.98, and recorded the highest at $ 1178.39, the lowest of $ 1174.53. Gold prices tumbled yesterday to its lowest level in five weeks to $ 1172.78 an ounce in the second daily loss in a row after positive data yesterday in Washington increased the signs of improvement in the US economy. Decline in jobless claims data showed by eight thousand for the week ending May 30, recorded total of 276 thousand, better than the expectations of experts who have indicated a total of 280 thousand. And counts Open Market Committee monetary policy Federal Reserve on improved economic data in general and in particular data of the labor market so that it can implement its future plans on tightening monetary policy and raise interest rates for the first time since 2006. In this context, the US economy is expected today at 12:30 by the issuance of the most important labor market data represented in the jobs data without the agricultural sector is expected to add 222 thousand jobs during May of 223 thousand jobs during April, with the unemployment rate stabilizing at 5.4% the lowest since June June 2008