Gold prices ascend in Asia on China PMIs
On Tuesday, gold held revenues in Asia, as China PMI figures raised the outlook for demand.
In New York, December delivery gold futures rose 0.35%, being worth $1,277.55 per troy ounce.
Aside from that, December delivery silver futures added 0.46%, trading at $17.877 per troy ounce, while copper futures sank 0.05%, trading at $2.206 a pound.
The Caixin manufacturing PMI leapt to 51.2, thus surpassing the expected 50.2.
Overnight, gold prices headed south during North America's trading session on Monday, because the greenback bounced back from Friday’s sell-off, that came after the FBI informed it would review more emails having to do with Hillary Clinton's private email use.
On Friday, the number one precious metal rose to a four-week peak of $1,285.40 as market participants were rattled by the data that the FBI is on the verge of reviewing more emails regarding Democratic presidential nominee Hillary Clinton's private server, a week before the election.