Gold climbed above $4,130 as hopes for a US-Iran-Oman Strait of Hormuz reopening deal ease inflation concerns; China's July PMI fell to 50.4 vs. expected 53.7, and New Zealand unemployment jumped to 5.6% ahead of RBNZ's September decision.
InvestingLive08/05, 10:42 AM
- Gold jumped above US$4130
- holds above $4,100
- China Rating Dog PMI (July 2026) 50.4 (expected 53.7)
- PBOC sets USD/CNY mid-point today at 6.7889 (vs. estimate at 6.7480)
Figures as quoted by InvestingLive
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