Gold Near Flat As Traders Weigh China Data, Weaker Stocks – Wall Street Journal

Gold prices hovered near a three-month high as investors weighed weaker U.S. stocks against weaker economic data from China, the world’s no. 2 gold buyer.

Gold for December delivery, the most actively traded contract, was recently up 10 cents at $1,164.60 a troy ounce on the Comex division of the New York Mercantile Exchange.

Prices of the precious metal had marched to a three-month high on Monday as investors continued to…