Gold Prices Break 3-Day Winning Streak as China Factory Growth Disappoints

 

Gold prices headed lower on Tuesday, breaking a three-day winning streak, as a dip in Chinese business activity raised questions about demand prospects.

On the Comex division of the New York Mercantile Exchange, gold for December delivery inched down $1.22, or about 0.10%, to $1.276.48 a troy ounce by 5:56AM ET (9:56GMT).

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