2023-01-24 14:51:16

Gold prices unchanged on the day below $1,930 following increase in U.S. flash PMI

Kitco NEWS

By Neils Christensen

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(Kitco News) - The gold market continues to see some technical selling pressure as better-than-expected data economic data is prompting some investors to take profits at fresh nine-month highs.

Tuesday, the S&P Global Flash US Composite PMI reported roughly better-than-expected activity for the manufacturing service sectors, even as both indexes remain in deep contraction territory.

#index #servicesectors #overnightgains #flash #compositepmi

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Business / FinanceBy Alastair Ford2023-01-23 16:40:48

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EconomyBy Anna Golubova2023-01-20 19:27:12

Gold price eyes $1,950 but it might have to wait until the Fed meeting before moving on to $2,000 - analysts

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Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

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Spot gold prices hold near session high as U.S. PPI drops 0.5% in December

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and...

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For gold to maintain its rally, prices need to remain above $1,900, says ANZ

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Hedge funds add to their bullish gold bets, but rally appears to be losing some steam

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India looks to lower gold import duty to combat illegal smuggling

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Gold price firmer on chart-based buying interest

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Bitcoin Jan. 24 daily chart alert - The uptrend is the bulls' friend

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EconomyBy Vladimir Basov2023-01-24 02:08:55

Evolution Mining increases gold and copper production in December quarter

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Solid gains for gold on bullish charts, some safe-haven buying

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