US manufacturing activity contracts for the fifth straight month, with the ISM Manufacturing Index falling to a nine-month low, as weak demand, tariff pressures, and trade policy uncertainty weigh on the sector.
Weak US jobs data and Fed rate cut bets drive gold prices above $3,340 an ounce, signaling economic uncertainty.
US manufacturing activity contracts for the fifth straight month, with the ISM Manufacturing Index falling to a nine-month low, as weak demand, tariff pressures, and trade policy uncertainty weigh on the sector.
Weak US jobs data and Fed rate cut bets drive gold prices above $3,340 an ounce, signaling economic uncertainty.