WASHINGTON (dpa-AFX) - Gold futures were higher Thursday amid mixed U.S. economic data and political turmoil in Spain.
Catalonia, which now enjoys autonomous status, may have its priveleges revoked by Madrid if it keeps moving toward independece. This would likely trigger a formal declaration of independence.
Dec. gold climbed $7, or 0.6%, to settle at $1,290/oz, breaking a 3-day losing skid.
For the first time in the last twelve months, the Conference Board released a report on Thursday showing an unexpected drop by its index of leading U.S. economic indicators in the month of September.
The Conference Board said its leading economic index dipped by 0.2 percent in September after climbing by 0.4 percent in August. Economists had expected the index to inch up by 0.1 percent.
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