Gold Remains Near Three-Month Low

Precious-Gold remained near its lowest level in three months on Wednesday as China's data showed no surprises, amid the absence of economic data from the United States. Data released today from China showed that industrial production cooled to 5.6 percent in the year through October from 5.7 percent in September, while fixed-asset investment soared 10.2 percent from 10.3 percent in September. The outcome of the data was largely expected and showed no surprises, while calmness dominated trading due to bank holidays in the United States.