Positive Chinese Data Pushes Gold Higher

Reuters reported that gold rose on Wednesday, buoyed by positive Chinese economic data and by promising earnings reports from Boeing.

As quoted in the market report:

Spot gold was up 0.1 percent at $1,709.60 an ounce at 1309 GMT (0909 EDT), while U.S. gold futures for December delivery were up 60 cents an ounce at $1,710.

To view the whole Reuters report, click here.