(Kitco News) – The gold market is holding above its earlier lows after the latest U.S. data showed growing momentum in the service sector but further weakening in manufacturing.S&P Global reported on Thursday that its flash Purchasing Managers Index (PMI) for the service sector rose to 55.2 in July, up from June’s reading of 52.9. Activity in the service sector was above expectations, as economists had forecasted a reading of 53.
