Gold, Silver Retreat as Dollar Steadies Before Key Economic Data

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Spot gold and silver gave up gains as the dollar steadied ahead of key economic data from the U.S. and central bank meetings this week. Data on the U.S. trade balance, factory orders and durable goods are due Tuesday and the April unemployment rate will be released on Friday, throwing further light on the country’s economic recovery. The Bank of England’s rate decision is also slated for Thursday.

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