Save ISM Price Index vs. Gold
MM compares gold price with PMI Price index because gold price usually benefits from inflationary pressure in an economy, and PMI Price index is a leading indicator for inflation.
PMI Price index is released every month by ISM after surveying manufacturers on their outlook for future price of raw materials, from which inflation travels to consumers in the end.
Latest Stats
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ISM PMI Price Index (L)2022-0484.60
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NYMEX Gold Futures Price (R)2022-05-191,838.09
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