Gold prices rose on Thursday as Asian stocks fell after weaker than expected economic data from China curbed risk appetite and boosted demand for safe-haven assets.
Spot gold was up 0.2% at $ 1466.51 an ounce, while US gold futures rose 0.3% to $ 1467.10 an ounce.
Asian bourses fell after Chinese factory output growth slowed far more than expected in October as activity in the world's second-largest economy is under pressure from weak global and domestic demand and the protracted Sino-US trade war.
"Gold is supported after China's industrial production and retail sales came in below expectations," said Jeffrey Haley, analyst at Oanda.
"Gold will be further supported by a further deterioration in Hong Kong this week, but in fact the most important thing is these ongoing trade talks, which are becoming a vicious circle."
In Hong Kong, anti-government protesters paralyzed parts of the city for a fourth day, prompting school closures and blocking highways and other means of transport.
