• Gold prices hit one-week highs on Tuesday, buoyed by a weaker dollar and as investors turned to safe-haven assets on worries over geopolitical tensions.
• Spot gold <XAU=> had risen 0.3 percent to $1,255.96 per ounce by 0058 GMT, while U.S. gold futures <GCcv1> were up 0.4 percent at $1,258.40.
• Investor appetite for risk has been dulled this week by a number of factors, such as caution ahead of the upcoming meeting between U.S. President Donald trump and Chinese President Xi Jinping and a suspected suicide bombing in St. Petersburg, Russia.
Factories across Europe and much of Asia posted another month of solid growth in March, rounding off a strong quarter for manufacturers, even though exporters fear a rise in U.S. protectionism could snuff out a global trade recovery.
• Global debt rose to 325 percent of the world's gross domestic product in 2016, totalling $215 trillion, an Institute for International Finance report released on Monday showed, boosted by the rapid growth of issuance in emerging markets.
• China’s state-owned Lingbao Gold Company said in its annual report that gold bullion production at a smelting plant in central Henan province was down 10.8% in 2016.
• Chinese Lingbao Reports 11% Drop In Gold Bullion OutputThe yearly gold bullion output was at 600,786 ounces, according to the company, while silver production increased 13.2% year-on-year, rising to 1,440,024 ounces.
Reference: Reuters,Kitco
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