59% shot 1.5% higher to $1,665.20 per troy ounce, while October oil CLV2 +0.99% added 0.8% to trade at $98.00 a barrel. The gold contract fell 0.2% Wednesday, while the oil futures rose 0.4% during their respective sessions on the New York Mercantile Exchange. The move higher came after HSBC said its preliminary reading of Chinese manufacturing activity for August dropped its worst level in nine months.
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