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Gold hits 1-week low as dollar strengthens after weak China data

Gold hits 1-week low as dollar strengthens after weak China data

Sept 5 (Reuters) - Gold slipped to a one-week low on Tuesday as investors sought the U.S. dollar after weak data in China, although rising expectations for a pause in interest rate increases by the U.S. Federal Reserve limited losses.

Spot gold declined 0.4% to $1,930.33 per ounce by 1126 GMT, eyeing its biggest daily drop since mid-August. U.S. gold futures fell 0.6% to $1,955.80...[LINK]

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