GOLD - Difficult to increase when the USD is still high

Gold prices recorded a decline after a series of consecutive days of gains, but maintained their weekly growth, while the unemployment rate in the US continued to increase, putting pressure on the possibility that the FED will pause the job. interest rate increase. US gold futures prices, trading for December, also recorded an increase of 0.1%, reaching $1,967.10.

Data from the Institute for Supply Management (ISM) showed that US manufacturing activity contracted in August, which was the 10th straight month of decline, however, the pace of decline has slowed slightly.