gold silver Steady price action in gold, silver but bulls in command
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Global stock markets were mixed overnight. U.S. stock indexes are pointed toward weaker openings when the New York day session begins. The marketplace has digested last Friday’s stronger-than-expected U.S. jobs report that reinforced notions the Federal Reserve will have to keep in place its tightening of monetary policy for some time to come, in order to slow U.S. economic growth and reduce problematic price inflation.
U.S. economic data due for release Monday includes the U.S. services purchasing managers index , the global services PMI, the ISM report on business services, the employment trends index, and manufacturers’ shipments and inventories.
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