Gold price may be struggling to gain momentum Monday morning due to weak US manufacturing to date, but the market is still hot, and there are still plenty of gold penny stocks worth looking at this month.
On Monday, the Institute for Supply Management (ISM) said that its Purchasing Managers Index rose to 43.1%, which is up from April’s 41.5%, but slightly worse than the expected 43.5%.
Gold future prices dropped sharply on initial reaction to the data with August gold futures last trading at $1,742.50 an ounce, representing a 0.53% drop.
...
Read The Full Article On MicroSmallCap.com
Get early insight on hidden secret gems on MicroSmallCap. Follow Crypto, Mining, Cannabis and Energy stocks and get free research reports here.
All content provided by MicroSmallCap is subject to our Terms Of Use and Disclaimer.