Manufacturing Hit a Four-Year High Today. Gold Didn’t Move. Here’s Why That’s the Story.

26.08.03

The ISM Manufacturing PMI just hit 55.6% — its strongest reading since May 2022. Gold barely moved. That non-reaction isn’t a failure to respond. It’s gold caught between two opposing forces that are almost perfectly canceling each other out, and this week’s data decides which one breaks first.Read More

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