Gold prices remained steady as investors awaited a raft of economic data over the next few days. Traders will be able to gauge the strength of the recovery in the US with today's ADP numbers, and tomorrow sees interest rate decisions in the UK and Eurozone. A busy week culminates in the non-farm payroll figures, scheduled for release on Friday.

Market News

1. A major Chinese bank has raised mortgage rates, sparking fears that this is a further sign that the Chinese will tighten their lending rules
2. The Euro will be in focus as the EU may back the Greeks plans to raise revenues
3. Please note that interest rate decisions are scheduled for the UK and the Eurozone tomorrow, and non-farm payroll figures on Friday

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