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Gold prices rebound as U.S. manufacturing survey shows activity dipped to lowest since May 2020

Por: MarketWatch Business July 03, 2023

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Gold prices received a reprieve on Monday after a barometer of business conditions at American factories fell to the lowest level since 2020 when the U.S. was locked down during pandemic, underscoring broad weakness in the industrial side of the U.S. economy. The Institute for Supply Management’s manufacturing survey dipped to 46% in June from 46.9% in the prior month. It was the lowest reading since May 2020. See: But analysts expected the... + full article



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