(Reuters) – Gold prices rose on Thursday, affected by disappointing data on manufacturing activity in China, but the general improvement in global economic conditions and the continuation of the Federal Reserve ( the U.S. central bank ) in reducing the procedures of monetary stimulus weakened the attractiveness of the precious metal as a safe haven .
By the time 2023 GMT, the price of spot gold 1323.31 dollars per ounce , up 0.9 per cent.
The contract fell U.S. gold futures for April delivery settled at $ 3.50 to U.S. $ 1316.90 an ounce .
Silver rose 1.5 percent to 21.850 dollars per ounce , while platinum fell 0.2 percent to 1410.60 dollars an ounce and palladium rose 0.3 percent to 732.60 dollars an ounce
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