U.S. data on Tuesday showed better-than- expected ISM non-manufacturing data for October and eased some fears of global economic slowdown.

U.S. data on Tuesday showed better-than- expected ISM non-manufacturing data for October, which eased some fears of global economic slowdown.

But, a better-than- expected ISM number took some shine off gold this morning, Bob Haberkorn, senior market strategist at RJO Futures said.

A better than expected ISM manufacturing index from the US also served to lift sentiment, with the Iseq closing at 2927.61.