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Gold Prices Inch Up as Worries Over Corporate Earnings Weigh on Stocks'

 Gold prices inched up on Monday as worries over corporate earnings weighed on Asian equities.
Gold futures for December delivery on the Comex division of the New York Mercantile Exchange inched up 0.02% at $1,236.0 a troy ounce by 1:50 AM ET (05:50 GMT).

Chinese stocks were down around 2% on Monday after the country’s top liquor maker Kweichow Moutai Co Ltd (SS:600519) plunged by the 10% daily limit after reporting its weakest quarterly profit growth in three years.

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