The metal extended losses from Tuesday's 1.2 per cent drop as economic worries slammed equities and commodities. Bullion had been higher earlier in the trading day after a Chinese survey of purchasing managers pointed to a modest recovery in October.
The Economic Times
Gold today gained after the steepest decline in more than three months spurred buying and before the Federal Open Market Committee concludes a two-day policy-setting meeting. The precious metal gained 0.13 per cent to $ 1,707.7 an ounce, after...