(Kitco News) - Both U.K. and EU manufacturing PMI missed expectations but importantly stayed in expansionary territory. Although the sectors are still growing the issue still remains that supply bottlenecks are suppressing future progress. In the U.K., the rate of job creation remained elevated, however, driven by strong hiring at service providers.
(Kitco News) - Gold and silver are both trading lower this morning. The yellow metal is down -0.25% while silver has lost -0.23%. Copper is also down -0.43% despite a strong performance on Wednesday. Spot WTI (0.58%) joins platinum (0.54%) and Palladium (0.22%) in trading on the positive side ahead of the European open.