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Gold prices move up in Asia

On Thursday, gold prices soared moderately in Asia after China trade data revealed an unexpected profit in imports.

In New York, December delivery gold futures surged 0.11%, hitting $1,351.05 per troy ounce.

Overnight, gold prices mostly stood still close to a three-week peak in North American trade on Wednesday, as market participants focused on the next set of American data and Fed speakers for further clues on the timing of another next interest rate lift.

In July, job openings hit 5.871 million, a bit higher than the expected 5.58 million.

The Institute of Supply Management reported its non-manufacturing purchasing manager's index edged down from 55.5 in July to 51.4 in August, thus demonstrating its weakest value since February 2010.

It followed the previous week's lackluster American employment report and the ISM's manufacturing poll, which unveiled a shocking contraction in activity.

The recent string of downbeat data quashed talk of a near-term rate lift from the Fed. 

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