Gold settles off session lows after data show weakness in U.S. manufacturing
Tuesday, 3 December 2019 03:08 WIB |
PRECIOUS METALS |GOLD
Gold fell on Monday, pressured by a round of upbeat data on Chinese manufacturing activity, but prices finished above the session™s worst levels as weakness in the U.S. manufacturing index dulled appetite for stocks.
Gold for February delivery on Comex fell $3.50, or 0.2%, to settle at $1,469.20 an ounce after tapping lows under $1,460. March silver lost 14 cents, or 0.8%, at $16.966 an ounce.
In other metals trade, January platinum fell nearly 0.1% to $899.70 an ounce, while March palladium gained 0.8% to $1,824.70 an ounce.
March copper fell 0.4% to $2.6505 a pound.