Wednesday 1 February 2012

Gold steady; U.S., Europe data eyed | HALALTAMWEEL.COM

Gold steady; U.S., Europe data eyed

2/1/2012 12:28:54 PM


SINGAPORE: Gold was steady on Wednesday after ending January with its biggest monthly rise since August, while investors eyed more data from the world's key economies for trading cues after China released a better-than-expected manufacturing survey number.


China's official Purchasing Managers' Index showed the manufacturing sector expanded modestly in January, with the index reading inching up to 50.5 from 50.3 in December, above a 49.5 reading forecast.


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