Gold prices rise with data of contraction in US manufacturing sector activity

Gold prices in Monday’s trading with the release of data indicating a contraction in The American manufacturing sector, which increased the state of uncertainty and enhanced demand for the yellow metal.
The price of Gold on the COMEX exchange for current November delivery, by $18.10, or 0.45%, to $4,000.30 per ounce.
Gold prices fell by more than 2% last week, but the precious metal recorded a monthly rise of approximately 4% during the month of October.

Silver prices decreased

On the other hand, the price of silver on the COMEX exchange for delivery this month decreased by 10.60 cents, or 0.22%. To 47,888 US dollars per ounce.

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