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Gold prices dip as US services and manufacturing sectors beat expectations in June PMI data.

Market News
23 Jun 2026
Kitco
View Source
Neutral
pluang ai news

Gold prices fell after U.S. June PMI data showed stronger-than-expected growth in both services and manufacturing sectors, with composite PMI rising to 52.2. Despite growth, the economy remains sluggish with concerns over high input costs and job cuts, especially in manufacturing. The manufacturing sector's growth was partly driven by inventory building amid supply worries. Overall, the data suggests the U.S. economy is growing slowly, around a 1% annualized rate, with subdued consumer confidence and persistent inflation pressures.

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Bob and Brad offer up to 30% off recovery gear for athletes and fans during World Cup 2026 Prime Day sale.

Bob and Brad offer up to 30% off recovery gear for athletes and fans during World Cup 2026 Prime Day sale.

Bob and Brad, a wellness brand founded by physical therapists, is offering up to 30% discounts on recovery products during Prime Day from June 23-26, 2026. The sale includes massage guns, eye massagers, hand massagers, infrared therapy belts, and mas...

Others
Neutral
29 minutes ago
Bitget launches Stock+ enabling direct purchase of real US stocks with crypto assets.

Bitget launches Stock+ enabling direct purchase of real US stocks with crypto assets.

Bitget has introduced Stock+, a new feature allowing users to buy real US stocks directly using USDC and other digital assets. This innovation bridges crypto and traditional finance by enabling stock ownership through a single platform without interm...

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Jimmy Oakes unveils Ferrari V8-powered 1978 Porsche 911 at Formula DRIFT event.

Jimmy Oakes unveils Ferrari V8-powered 1978 Porsche 911 at Formula DRIFT event.

Automotive creator Jimmy Oakes showcased his latest project, a 1978 Porsche 911 SC swapped with a 400hp Ferrari/Maserati V8 engine, dubbed "Porrari," at the Formula DRIFT Championships. The extensive build involved restoring the classic Porsche, fabr...

Others
Neutral
1 hour ago
Man Group discloses 2.6% stake in DCC plc ahead of potential takeover moves.

Man Group discloses 2.6% stake in DCC plc ahead of potential takeover moves.

Man Group PLC has disclosed an interest in 2.6% of DCC plc's ordinary shares, including direct ownership and derivatives, as per the Irish Takeover Panel rules. This disclosure signals a significant stake ahead of any potential takeover activity invo...

Market News
Neutral
1 hour ago
Cristiano Ronaldo tops Brazilian fans' dream travel companions, with Northeast Brazil as top destination.

Cristiano Ronaldo tops Brazilian fans' dream travel companions, with Northeast Brazil as top destination.

A KAYAK survey of 2,000 Brazilian travelers revealed Cristiano Ronaldo as the most desired football companion for trips, chosen by 60% of respondents. Vinícius Júnior and Endrick followed with 19% and 9%, respectively. The Northeast region of Brazil,...

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