Gold bounces as global growth worries weigh on equities
Updated : January 22, 2019 10:08 PM IST
Spot gold was up 0.3 percent at $1,282.80 an ounce at 1323 GMT, recovering from a dip on Monday to its lowest since Dec. 28 at $1,276.31. U.S. gold futures were little changed at $1,282.
Pessimism about global growth weighed on equities after the IMF warned of a darkening outlook and China confirmed its slowest growth rate in nearly 30 years.
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