United States Chicago Purchasing Managers' Index came in at 57.6, below expectations (57.9) in April

Apr 30, 2018

Gold hits fresh 6-week lows, remains vulnerable to slide further

• A goodish pickup in the USD demand weighs heavily on the commodity. • Easing geopolitical tension does little to support safe-haven demand.

Prices of the barrel of the West Texas Intermediate are extending the bearish mood on Monday, navigating a narrow range around $67.65/70. WTI weaker