Strong dollar dents gold
An unexpected expansion in factory activity during November in China also spurred investors into equity markets and reduced the interest in safe-haven bullion
02 December 2019 - 07:28
Bengaluru — Gold prices fell on Monday as investors turned to riskier assets on signs of economic growth after reports of an expanding Chinese factory sector and a rising dollar reduced demand.
Spot gold fell 0.3% to $1,459.23 per ounce by 5.32 SA time. Prices earlier touched their highest since November 22. US gold futures shed 0.5% to $1,465.30...
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