Gold futures traded lower on Monday following a gauge
of China's manufacturing activity released at the weekend fell to a
five-month low in October, despite a series of government support
measures aimed at aiding growth. The sentiments further weakened after
the Bank of Japan boosted stimulus and strong US dollar.
Gold
futures for December delivery edged down 0.21 percent at $1,169.70 an
ounce on the Comex division of the New York Mercantile Exchange. While
spot gold fell 0.7 percent to $1,165.20 an ounce.
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