Gold slips as buoyant Chinese data perks markets up
Data showing growth in factory activity during November in China, the world’s biggest gold consumer, pushed up equity markets
02 December 2019 - 15:40
Bengaluru — Gold fell on Monday after better-than-expected manufacturing data from China assuaged fears of a slowdown in global growth while deficit-ridden autocatalyst metal palladium soared to a record high.
Spot gold was down 0.4% to $1,457.98/oz by 11.31am GMT. US gold futures fell 0.6% to $1,463.90/oz...
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