Gold gained in Asia on Friday after a weaker than expected manufacturing flash survey from Caixin and as investors increasingly doubt the Federal Reserve will raise rates in September.
The Caixin China Manufacturing PMI flash fell to 47.1, a 77-month low, from an expected 47.7 for August. The Nikkei Japan PMI Manufacturing survey eased to 51.9 in August fro the flash estimate, below the 52.1 level seen.
On the Comex division of the New York Mercantile Exchange, gold for December delivery rose 0.44% to $1,158.30 a troy ounce.
Silver for September delivery eased 0.11% to 15.500 a troy ounce, while copper for September delivery dropped 0.27% to $2,314 a pound.
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