BUZZ-Gold, silver producers: Precious metal prices fall more than 1 pct

Mon May 9, 2016 9:43am EDT
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** Shares of gold and silver producers fall after gold prices decline more than 1 pct on Monday, failing to break back above $1,300 per ounce in wake of weaker-than-expected U.S. jobs report on Friday

** Gold snapped 4 days of losses on Friday after report showed U.S. economy added fewest jobs in 7 months in April, leaving some economists anticipating only one interest rate hike from Federal Reserve this year

** Spot gold down 1.2 pct at $1,274.13 per ounce and silver down 1.3 pct at $17.23 per ounce as of 1250 GMT

** Shares of world's biggest bullion producer Barrick Gold Corp down 2.5 pct

** AngloGold Ashanti Ltd down 8.4 pct, also due to lower Q1 production

** Sibanye Gold Ltd down 6.7 pct, Newmont Mining Corp 2.7 pct, Goldcorp Inc 2.5 pct

** Silver Standard Resources Inc 5.3 pct, First Majestic Silver Corp 2.8 pct, Silver Wheaton Corp 2.6 pct