The precious metal watching a fluctuate since the PMI announced data showed that the index dropped from 50.8 to 50.1. The only issue which support gold price by the beginning of trading today. The dream of passing the level of $1300 USD/ Ounce has ended by the beginning of the US trading after a rise in the US stock market and the US dollar which succeeded to record a rise today.
China PMI gave the Asian market bad influence and pushed investors toward gold, but USA economy recover pushed gold price down again.