Weak US data boosts gold

GOLD rose sharply on Friday after an unexpected fall in US consumer confidence.

Weak US data boosts gold Weak US data boosts gold Weak US data boosts gold Weak US data boosts gold Weak US data boosts gold

"University of Michigan consumer sentiment for August slumped unexpectedly to its lowest level since 2011, 70.2, whereas an unchanged read of 81.2 had been expected," ANZ Research said.

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