https://www.live-feeds.com/feed/spot-gold-drops-to-4-280-oz-as-flash-s-p-composite-pmi-improves-to-58-4-in-septemberContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/spot-gold-drops-to-4-280-oz-as-flash-s-p-composite-pmi-improves-to-58-4-in-septemberhttps://www.live-feeds.com/feed/spot-gold-drops-to-4-280-oz-as-flash-s-p-composite-pmi-improves-to-58-4-in-september#u84327Fri, 25 Sep 2026 23:01:27 +0000Spot gold prices dropped to $4,280/oz following the release of the September flash S&P composite PMI, which improved to 58.4. This data indicates US business activity is expanding at its fastest pace since 2021, reaching a high not seen in more than five years. While the growth signals a strong economy, it has triggered a bond selloff and increased concerns regarding building inflation pressures. Investors are reacting to the possibility that these economic conditions will force interest rates to move significantly higher.Why it mattersStronger than expected PMI data often strengthens the