Spot gold trades near $4,233/oz after ISM Manufacturing PMI falls to 48.2

(Kitco News) – Gold is trading near the $4,030 per ounce session high after the latest data showed the U.S. manufacturing sector weakening last month.The Institute for Supply Management (ISM) announced on Monday that its Manufacturing Purchasing Managers Index fell to 48.2 in November after posting a 48.7 reading in October. The headline number was lower than expected, as consensus forecasts looked for a reading of 48.6.