| Gold and other precious metals prices fell as the new trading week got underway in New York this morning and the principal culprit for the decline was identified as the rising US dollar by polled traders. This is not to say that there were no other factors that came into the equation to help commodities values move to lower ground this morning.
Chief among the “extras” was the fact that a survey focusing on the Chinese purchasing managers’ index for the current month – conducted by HSBC – indicates that the official figures from the country may indeed reveal that manufacturing activity in May has slowed to a 10-month low. .............................................Full Article: Source
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