The gold market is holding on to modest gains as the U.S. service sector sees softer-than-expected momentum, according to the latest data from the Institute for Supply Management (ISM). Wednesday, the ISM said its nonmanufacturing index showed a reading of 62.7% for April, down from March’s reading of 63.7%. The data missed expectations as consensus forecasts were calling for a reading of around 64.2%. The drop comes after the index hit a record high in March. “There was slowing growth in the services sector in April; however, the rate of expansion is still strong. Respondents’ comments indicate that pent-up demand ... (full story)