Gold advanced today as data from the United States did not support outlook for reduction of monetary stimulus by the Federal Reserve. The manufacturing Purchasing Managers’ Index unexpectedly fell from 50.7 percent in April to 49.0 percent in May. Such news weakened the dollar, boosting gold price. Spot price for gold rose $1.18 (0.08 percent) to $1,412.53 per troy ounce as of 2:35 GMT today.
Copper futures advanced on concerns about supply as
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