Gold futures were flat Thursday morning, pausing after a dramatic rally to 28-month highs.

Safe haven buying has given gold a silver a significant boost in the wake of the recent landmark Brexit decision.

Expectations the Federal Reserve will keep interest rates exceedingly low have also supported the precious metals.

Gold was down 1 dollar at $1366 an ounce, having touched its highest since March 2014.

Silver was down 0.7 percent at $20.06 an ounce.

ADP is set to release its private payrolls employment report for June at 8:15 am ET.

Economists expect the sector to have added 150,000 jobs compared to the 173,000 jobs added by the sector in May.

The material has been provided by InstaForex Company – www.instaforex.com