Gold prices changed little although a report showed that China’s gold output climbed +7.7% y/y to 347.653 metric tons in the first 10 months of the year. Gold production was 39.844 metric tons in October. Concerning economic data released in China, the flash manufacturing PMI compiled by HSBC slipped -0.3 point to 50.5 in December.
Originally posted here:
China’s Gold Production Increased Despite Price Weakness
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