๐Ÿšจ GOLD SLIPS AS US MANUFACTURING SURPRISES TO THE UPSIDE

๐ŸŸก Spot gold: ~$4,379/oz

๐Ÿญ Empire State Manufacturing Index:
๐Ÿ”น August: 20.6
๐Ÿ”น July: 15.6
๐Ÿ”น Forecast: 10.2

๐Ÿ“ˆ Stronger manufacturing data could reduce expectations for near-term Fed easing, putting pressure on non-yielding gold.

โš ๏ธ Prices Paid jumped to 58.6, signaling renewed inflation pressure.

๐Ÿ‘€ Gold traders are watching the Fed path closely.

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