Gold Down on Strong US Manufacturing Data

Posted By: Religare
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Gold futures closed lower in the international market on Tuesday as data on retail sales and U.S. manufacturing came in better than expected and easing geopolitical tensions between North Korea and the U.S. undercut haven demand for the precious metal.

Gold Down on Strong US Manufacturing Data

Tensions between Pyongyang and Washington saw further cooling as North Korean leader Kim Jong Un announced that he wouldn't launch a ballistic-missile attack on the U.S. territory Guam.

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