Gold slips on Chinese data
The metal is slightly weaker, but concern over the coronavirus and its economic effect keeps it on track for a second monthly gain
31 January 2020 - 08:20
Bengaluru — Gold prices inched lower on Friday after surveys showed Chinese manufacturing activity held steady in January and services firmed, though concern over the coronavirus and its economic effect kept the metal on track for a second monthly gain.
Spot gold fell 0.1% to $1,571.77/oz by 1.24am GMT. For the month, prices were up 3.6%. US gold futures declined 0.8% to $1,570.70...
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