Economic news

Gold recovers from 3-month low

Gold rose slightly on Monday to bounce back from the nearly three-month trough touched last week, which was the metal’s third consecutive weekly decline.

December gold edged up 0.2% to $1,271.50 an ounce.

Its level of $1,269.20 an ounce Friday was the weakest for a most-active contract since early August.

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