Scoreboard: Gold retreat

Gold fell to fresh four-year lows, while the Australian dollar dipped below US87c and oil prices slid.

In the US, the ISM manufacturing index rose from 56.6 to 59.0 in October, above forecasts for a result near 56.2. Construction spending fell by 0.4 per cent in September, whereas economists had tipped a 0.7 per cent gain. And the six largest automakers in the US have reported October sales that were up 6 per cent on a year ago.

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