Gold price holding robust gains even as ISM PMI rises to 50.3 in March

France Nouvelles Nouvelles

Gold price holding robust gains even as ISM PMI rises to 50.3 in March
France Dernières Nouvelles,France Actualités
  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 78%

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.

“The U.S. manufacturing sector moved into expansion for the first time since September 2022. Demand was positive, output strengthened and inputs remained accommodative,” said Timothy Fiore, Chair of the ISM Manufacturing Business Survey Committee. Meanwhile, the report also noted an improvement in the labor market, even as it remained in contraction territory. The Employment Index rose to 47.4%, up from 45.9%.

Stephen Brown, Deputy Chief North America Economist at Capital Economics dismissed the higher inflation pressures.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

KitcoNewsNOW /  🏆 13. in CA

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Gold prices see some technical selling pressure following mixed flash PMI dataGold prices see some technical selling pressure following mixed flash PMI dataThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Lire la suite »

India's March business activity ends fiscal year on strong note -PMIIndia's March business activity ends fiscal year on strong note -PMIExplore stories from Atlantic Canada.
Lire la suite »

Canadian factory PMI edges up to 11-month high in MarchCanadian factory PMI edges up to 11-month high in MarchExplore stories from Atlantic Canada.
Lire la suite »

Canadian factory PMI edges up to 11-month high in MarchCanadian factory PMI edges up to 11-month high in MarchThe S&P Global Canada Manufacturing Purchasing Managers’ Index rose to a seasonally adjusted 49.8 in March from 49.7 in February, posting its highest level since April
Lire la suite »

Russian manufacturing sees fastest growth in nearly 18 years in March, PMI showsRussian manufacturing sees fastest growth in nearly 18 years in March, PMI showsExplore stories from Atlantic Canada.
Lire la suite »

S.Korea factory activity contracts in March as weak domestic demand drags, PMI showsS.Korea factory activity contracts in March as weak domestic demand drags, PMI showsExplore stories from Atlantic Canada.
Lire la suite »



Render Time: 2025-02-28 10:16:53