Gold prices fell on Thursday in Asia despite weak data from South Korea and Germany. South Korea's GDP shrank the most in a decade in the first quarter of 2019, data showed on Thursday morning.
Exports, which account for about half of Korea's GDP, were weaker than expected amid weak demand from China, the nation’s biggest market.
Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2% at $1,277.35 per ounce by 1:40 AM ET (05:40 GMT).
Looking ahead, traders will now shift their focus towards the upcoming U.S. GDP data, which is due on Friday.
Source : Investing.com