Renewed investor interest in gold offset losses by retailers and banks on Tuesday morning, as the boost from the recent US-China trade war ceasefire was waned a little.
The Shanghai Composite was flat, as investors digested a Chinese purchasing managers' index for June that showed conditions slipped back into contractionary territory. A weaker rand was putting pressure on interest-rate sensitive shares on Tuesday, but miners benefited from the softer currency as a well as higher commodity prices.
Gold was up 0.6% to $1,392.24/oz and platinum 0.47% to $836.20. Brent crude was flat at $65.16 a barrel.
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