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investing in gold: Industry data showed on Tuesday that service sector activity in the United States grew at the slowest rate in six months in December, raising concerns about the economic outlook.
The Institute for Supply Management said in a report that the PMI non-manufacturing fell to 56.2 last month from 59.3 reading in November / November Analysts had expected the index to fall to 58.0 in December / December
And record new orders index decline by 58.9, 2.5 points from the reading of 61.4 recorded in November / November
The employment index fell 0.7 points to 56.0 from the reading recorded in November 56.7.
The price index fell by 4.9 points from the reading in November amounting to 54.4 from 49.5, prices fell in December compared with November November.
On the index, a reading above 50.0 indicates the non-manufacturing sector economy is generally expanding, and without reading 50.0 indicate contraction in the sector.
The euro / dollar to hit 1.1919 from 1.1906 ahead of the data, and trading the GBP / USD to hit 1.5182 from 1.5168 earlier, while the dollar / yen trading to score 118.71, compared to 118.88 earlier.
The dollar index, which measures the US currency against a basket of six major currencies, increased by 91.70, compared with 91.79 before the report.
At the same time, the US stock market trimmed gains after opening. The Dow Jones index rose by 0.1% 30, rose S & P 500 by 0.2%, while the Nasdaq 100 index rose 0.1%.
Elsewhere, in the commodities market, gold rose to $ 1,212.90 per ounce, compared with $ 1,209.90 per ounce ahead of the data, and the decline in crude oil is trading at $ 48.91 a barrel earlier. Gold investing news