Gold prices falling below $1,930 following increase in U.S. flash PMI
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The report said that the manufacturing PMI data rose to 46.8, up from December's reading of 46.2. The data beat expectations; according to consensus estimates, economists were looking for a reading of around 46. The gold market, while off its highs, is trying to hold on to its overnight gains following the economic data. February gold futures last traded at $1,928.60 an ounce, roughly unchanged on the day.
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