Spot gold price at $4,366/oz after ISM Manufacturing PMI falls to 54.6 - KITCO

Spot gold price at $4,366/oz after ISM Manufacturing PMI falls to 54.6 - KITCO

Source: KITCO

DW NOTE

The ISM number says manufacturing expanded at a slower pace. The gold price says something broke in the currency system. When an industrial slowdown sends metal to $4,366, the market isn't pricing growth risk — it's pricing dollar risk.

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