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Gold Lower After Las Vegas Massacre


Gold Lower After Las Vegas Massacre

2 October 2017, 18:12
Gold futures were lower Monday morning amid news of the worst mass shooting in U.S. history. A gunman killed 50 and wounded 200 at a country music concert in Las Vegas. Gold was down $10 at $1275 an ounce. On the economic front, the Purchasing Managers' Manufacturing Index for September will be published at 9.45 am ET. The economists are looking for consensus of 53.0, compared to 52.8 in the previous month. Institute For Supply Management or ISM Manufacturing Index for September will be revealed at 10.00 am ET. The consensus is for 58.0, slightly down from 58.8 in August. The Commerce Department's Construction Spending Data for August will be issued at 10.00 am ET. The forecasters are looking for growth consensus of 0.3 percent, while it declined 0.6 percent in the previous month.


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