Bullion rises on weaker U.S. data and slow growth of Chinese retail

Source: Bloomberg
© Scanpix/Reuters

Gold traded below the highest price since November as investors weighed Ukrainian versus the outlook for the U.S. economy and amid slower purchases in China. Gold for immediate delivery traded at $1,338.40 an ounce as of 9:14 a.m. in Singapore from $1,336.90 on Wednesday trading session, when prices added 0.2%. The metal was little changed $1,354.87 on the 3rd of March, the price unseen since Oct. 30.

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