Spot gold drops to $4,280/oz as flash S&P composite PMI improves to 58.4 in September - kitco.com
Why now
Thesis: Hot PMI and yields knock gold lower
Catalyst to watch: Dollar and real-yield direction
Main risk: Safe-haven demand could lift gold again
Why it matters
Stronger PMI lifts rate expectations and the dollar, pressuring non-yielding gold.
Sources
- googlenews · news.google.com · 2026-09-23 14:06 UTC