Gold heads for monthly fall as demand from China weakens

Source: Bloomberg
© Scanpix/RS
Gold slightly gained on Friday trading session shrinking its monthly loss amid signs that the overall situation in the U.S. economy has improved pushing the stock market higher, while China's demand for the metal falls. Gold for delivery in May traded at $1,256.96 an ounce as of 2:22 p.m. Singapore time after it closed at $1,255.56 yesterday.

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