11-Year Low for US Manufacturing PMI Sends Gold Higher
April 29, 2020 at 08:00 AM EDT
Gold prices ticked higher during Thursday’s trading session as the flash U.S. manufacturing Purchasing Managers Index for April fell to 36.9, which represented an 11-year low, according to research firm IHS Markit said in its latest report. Market experts were forecasting a reading of 38.0.
