ISM Manufacturing PMI and Gold
When the ISM manufacturing PMI comes out, why it moves gold, and how gold actually reacted the last 12 times, from real hourly prices. Next release in your time zone, with a countdown and a calendar reminder.
ISM manufacturing PMI:
Tue 1 Dec 2026, 10:00 am New York time · source: Institute for Supply Management
Released at the same time: JOLTS job openings.
The time above is shown in your own time zone. The calendar file holds this release with a reminder 15 minutes before; it works in Apple, Google and Outlook calendars.
How gold reacted the last 12 times
- Average release-hour move
- $9.2 (0.21%)
- Average release-hour range
- $30.4
- Release hour closed higher
- 6 of 12
- Average session move
- 1.16% ($52.1)
- Gold closed the session higher
- 9 of 12
- Average session range
- $104.3
Averages of the absolute moves (ignoring direction) in the table above, computed when the page was built. Past reactions do not predict the direction of the next one.
| Release (New York date) | Release hourmove | Release hourhigh–low | Gold that sessionclose to close | Session rangehigh–low |
|---|---|---|---|---|
| Mon 2 Nov 202610:00 am NY | −$6.5−0.16% | $15.7 | +1.48%+$57.7 | $80.8 |
| Thu 1 Oct 202610:00 am NY | −$2.6−0.06% | $24.0 | +0.45%+$18.7 | $53.4 |
| Tue 1 Sep 202610:00 am NY · with JOLTS | −$5.1−0.12% | $22.8 | −2.70%−$121.6 | $140.8 |
| Mon 3 Aug 202610:00 am NY | +$4.5+0.11% | $13.3 | +0.09%+$3.9 | $61.8 |
| Wed 1 Jul 202610:00 am NY | +$3.7+0.09% | $34.1 | +0.57%+$22.8 | $158.0 |
| Mon 1 Jun 202610:00 am NY | +$8.4+0.19% | $18.9 | −1.70%−$78.2 | $101.3 |
| Fri 1 May 202610:00 am NY | +$6.1+0.13% | $37.2 | +0.18%+$8.5 | $103.0 |
| Wed 1 Apr 202610:00 am NY | +$23.0+0.48% | $45.5 | +1.81%+$85.0 | $131.0 |
| Mon 2 Mar 202610:00 am NY | −$16.8−0.31% | $42.7 | +1.68%+$88.0 | $161.2 |
| Mon 5 Jan 202610:00 am NY | +$11.2+0.25% | $22.0 | +3.00%+$130.1 | $104.3 |
| Mon 1 Dec 202510:00 am NY | −$8.0−0.19% | $59.7 | +0.24%+$10.1 | $84.7 |
| Mon 3 Nov 202510:00 am NY | −$14.8−0.37% | $28.7 | −0.01%−$0.5 | $71.8 |
Prices: COMEX gold futures (GC=F) 1-hour bars via Yahoo Finance, dollars per ounce. Release hour = the 1-hour bar that contains the release, from the close of the hour before. Session = the COMEX day the release falls in (6 pm New York the evening before to 5 pm New York), against the previous session’s close. Session closes are the last hourly price before 5 pm New York, not the 1:30 pm settlement, so afternoon releases such as Fed decisions are inside the move. Not in the table because COMEX gold had no trading in that hour (exchange holiday): Mon 2 Feb 2026.
Get reminded
Two free ways, no account needed. Add the next release to your own calendar with the buttons above, or get Gold Daily: once a day, Mon–Sat, it lists the next big event in your time zone with today’s gold levels.
What is the ISM manufacturing PMI?
The Institute for Supply Management's survey of US purchasing managers in manufacturing. A reading above 50 means activity is expanding, below 50 that it is contracting. It includes a prices index. The next ISM manufacturing release is on Tue 1 Dec 2026 at 10:00 am New York time ( in your time zone).
When does it come out?
Monthly, on the first business day of the month, at 10:00 am New York time. Dates come from the Institute for Supply Management; we only list a date once it is on the official schedule.
Why does it move gold?
It is the first big US data of each month, so it sets the tone for growth and inflation expectations. A strong reading or a jump in the prices index tends to lift yields and the dollar and weigh on gold; a weak one tends to help gold.
What moves the price is the surprise: the gap between the number and what the market expected. We do not show consensus forecasts, because they come from commercial surveys we cannot republish, and we never guess them.
What traders look at
- The headline PMI against 50 and against the forecast
- The prices index, an early inflation signal
- New orders and employment
What the history table shows
Across the last 12 times, gold’s release hour moved $9.2 on average (0.21%), with an average high–low range of $30.4 in that hour. Over the whole session gold moved 1.16% on average and closed higher 9 of 12 times. The table uses COMEX gold futures, which trade a few dollars above spot gold (XAUUSD) but move almost identically. For an 8:30 am release the release hour is the 8:00–9:00 am New York bar, so it includes 30 minutes before the number. Rows marked “with” show other releases that came out at the same minute: gold’s move that hour is the combined reaction.
How traders prepare (education)
- Know the time in your zone. The countdown above converts it for you; add it to your calendar so it does not catch you mid-trade.
- Size for the release hour. Compare the average release-hour range above with your stop. The position size calculator shows the lot size that keeps the risk the same with a wider stop.
- Decide before the number. Stand aside, reduce size or wait for the first spike to settle: pick one in advance. See the gold news trading lesson.
- Check the week. The weekly gold cheat sheet lists this week’s events and levels; the market scoreboard shows the dollar and yields gold reacts to.
Related reading
- ISM manufacturing PMI and gold
- ISM services PMI and gold
- Gold vs real yields and the dollar
- All gold event pages
- Gold economic calendar
- Gold event centre: next three weeks
Frequently asked questions
When is the next ISM manufacturing release?
Tue 1 Dec 2026 at 10:00 am New York time (15:00 UTC), according to the Institute for Supply Management. The page shows it in your own time zone with a countdown.
What time is the ISM manufacturing released?
Monthly, on the first business day of the month, at 10:00 am New York time.
Does the ISM manufacturing push gold up or down?
It depends on the surprise, not the number itself. A strong reading or a jump in the prices index tends to lift yields and the dollar and weigh on gold; a weak one tends to help gold. What else is moving yields and the dollar that day matters too, so the same kind of surprise does not always move gold the same way.
How much does gold move on ISM manufacturing?
Over the last 12 times, gold’s release hour moved $9.2 on average (0.21%), with an average range of $30.4. Over the full session it moved 1.16% on average and closed higher 9 of 12 times. These are averages of real past moves, not a forecast.
Where do the numbers on this page come from?
Release dates come from the Institute for Supply Management’s official schedule and release archive. Gold prices are COMEX gold futures (GC=F) 1-hour bars via Yahoo Finance, and every move in the table is calculated from those bars when the page is built. We do not show consensus forecasts.
Can I get a reminder before the release?
Yes. Use Add to calendar for a calendar file with a reminder 15 minutes before, or the Google Calendar button. Gold Daily, our free email, lists the next big event in your time zone once a day, Mon–Sat.
Educational page only. Not financial advice and not a signal. Past price reactions do not predict future prices. See our risk disclaimer.