Gold is trading on the edge of $4,100 and not far from session highs after the latest data showed the U.S. manufacturing sector performing below expectations last month, while prices continued their recent moderation. The Institute for Supply Management (ISM) announced on Wednesday that its Manufacturing Purchasing Managers Index fell to 53.3 in June, after posting a reading of 54 in May, its highest reading since May of 2022. The headline number was lower than expected, as consensus forecasts looked for a hold at 54. “In June, U.S. manufacturing activity remained in expansion territory, growing at a slightly slower ... (full story)