GOLD prices fell on Monday as investors turned to riskier assets on signs of economic growth following reports of an expanding Chinese factory sector and as a rising dollar reduced demand.
Spot gold was down 0.5 per cent at $1,456.70 per ounce by 0802 GMT, having earlier touched its highest since Nov. 22. US gold futures fell 0.7 per cent to $1,463.
An unexpected expansion in factory activity during November in China, the world’s second-largest economy and biggest gold user, spurred investors into equity markets

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