Gold jumped 2 percent on
Monday, hitting its highest in more than two weeks, boosted by a
tumbling dollar and disappointing U.S. manufacturing data.
The precious metal climbed and U.S. equities fell after data
showed the U.S. manufacturing sector contracted in May for the
first time in six months.
Gold and other dollar-denominated commodities gained across
the board after the U.S. dollar index dropped 1 percent
against six major currencies.
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