Gold is hovering near a three-month high, supported by weak spending on manufacturing and construction in the United States. Spot transactions fell 0.1 percent to $2,112.39 an ounce, while it had reached $2,119.69 on Monday, the highest since Dec. 4. U.S. gold contracts fell 0.3 percent to 2,120.50 dollars.
The gold price index in London reached an all-time high of $2,098.05 an ounce at an auction on Monday afternoon, surpassing the previous record of $2,078.40 set on December 28.
Source (Al-Arabiya.net Website, Edited)
