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        Gold rose on renewed growth concerns


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Tight supply of palladium continued its record gains as weak US economic data reignited concerns about the slowdown and emerging concerns about the risks the new brexit deal could face.
Spot gold rose 0.4% to $1495.31 an ounce at 1758 GMT, while US gold futures rose 0.3% to $1498.30 an ounce.
"Geopolitical tensions are rising again and the Federal Reserve is likely to continue to cut interest rates, which will support gold prices," said Phillip streible, senior commodity strategist at rjo futures.
Weak US retail sales data and industrial output reports raised concerns about the health of the world's largest economy as the US and China fell into a long-term trade war, boosting gold's safe haven appeal.
Earlier in the day, gold in sterling fell 1.6 per cent to 1141.86 an ounce, the lowest level since July 26, after a new brexit agreement was reached between the UK and the European Union. Gold is up about 0.1% to 1161.63 an ounce.
Among other precious metals, palladium fell 0.4% to $1760.14 an ounce, hitting an all-time high of $1783.21 earlier in the session.


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