1st September, 2016

 Apart from silver, precious metals lost ground on Wednesday, as decent US macro numbers kept the pressure on the markets, stoking speculation that the Federal Reserve could raise rates as soon as September. 

With respect to the actual reports, the ADP revealed that private employers added roughly 177,000 jobs in August, slightly above estimates. The service sector accounted for all this increase, while the construction sector shed jobs, while manufacturing payrolls were flat