Gold prices hold steady amidst economic uncertainty and Fed speculation.

Gold and silver prices remain steady as traders await fresh fundamental inputs, including negotiations aimed at keeping the US government from defaulting on its debt obligations. Reports suggest that congressional leaders and President Biden will likely meet on Tuesday to discuss the US debt-limit extension talks. Meanwhile, global stock markets were mixed to firmer overnight, and China's central bank predicts a sharp rebound in economic growth in the second quarter. Two gold-mining companies are set to merge, and the US dollar index is a bit weaker.