Silver prices dropped as mixed U.S. economic data likely did little to sway the Federal Reserve in either direction ahead of a highly-anticipated interest rate decision.
The U.S. economy is on track to grow by a 2.9 percent annualised rate in the second quarter following surprisingly strong data on domestic personal spending in April.
Investors will monitor May U.S. private-sector ISM manufacturing data, due on Wednesday, and nonfarm payrolls on Friday.
No comments:
Post a Comment