Gold Prices Jump as U.S. Services Sector Contracts for the First Time in Nearly a Year

Gold prices jump as U.S. services sector contracts for the first time in nearly a year

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ISM Services Dips Into Contraction as New Orders and Backlogs Plunge

ISM services expectedly contracts, but just barely.

U.S. Service Sector Shrinks In May 2025: First Contraction In Nearly A Year Amid Trade War Fallout

The U.S. service sector, which accounts for over two-thirds of the nation’s economic activity, contracted in … U.S. Service Sector Shrinks in May 2025: First Contraction in Nearly a Year Amid Trade War FalloutRead more The post U.S. Service Sector Shrinks in May 2025: First Contraction in Nearly a Year Amid Trade War Fallout first appeared on Real News Hub.

US ISM services falls to 49.9, prices jump to highest since late 2022 - Action Forex

US ISM Services PMI slipped unexpectedly into contraction territory in May, falling from 51.6 to 49.9, its first sub-50 reading since June 2024 and well below market expectations of 52.0. The drop was driven by sharp declines in both business activity, which fell from 53.7 to the breakeven 50.0, and new orders, which plunged from […] The post US ISM services falls to 49.9, prices jump to highest since late 2022 appeared first on Action Forex.