The gold market is holding its ground as New York Fed's Empire State Survey jumps to 11.1 in July

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The gold market is holding its ground as New York Fed's Empire State Survey jumps to 11.1 in July kitconews gold silver mining economics investing finance metals

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“Thirty-four percent of respondents reported that conditions had improved over the month, and twenty-three percent reported that conditions had worsened,” the report said. The components of the report showed some broad improvement. The New Orders index rose to 6.2, up from June’s reading of 5.3. At the same time, the Shipments Index jumped to 25.3, up from the previous reading of 4.0.

 

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