Reuters reported that sluggish Chinese PMI data dragged the equities markets down on Thursday, giving gold a push.
As quoted in the market report:
Spot gold rose 0.5 percent to $1,375.16 an ounce by 0644 GMT. It hit a low of $1,356.24 earlier in the session, not far from a two-year trough of $1,321.35 plumbed in April.
To view the whole Reuters report, click here.
