(Kitco News) – The gold market is trading at session highs above $4,330 per ounce after the latest data showed weakening economic activity and rising price pressures in both the manufacturing and service sectors in December.S&P Global reported on Tuesday that its flash Purchasing Managers Index (PMI) Composite Output Index fell to 53 after posting a 54.2 in November. Economists expected a shallower decline to 53.2.
