(MENAFN- ProactiveInvestors)
Gold fell more than 1% in New York overnight after an interest rate cut from China helped global markets rebound from the previous day's rout.
U.S. markets opened sharply higher as buyers snapped up stocks a day after Wall Street suffered its biggest one-day drop in four years.
U.S. gold futures for December delivery fell 1.3% to US$1138.30 per ounce.
September silver was 0.9% lower at US$14.63 an ounce extending Monday’s 3.5% loss.
September high-grade copper tacked on 1.5% to US$2.294 a pound.
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