Tuesday, January 21, 2014

Epic Research Singapore : Comex Market Update

Gold for February delivery GCG4 +0.95%  rose $2.20, or 0.2%, to $1.254.10 an ounce, after gaining $11.70 to settle at $1,251.90 an ounce on Friday.  
 March silver SIH4 +0.85%  added 1cent to $20.31 an ounce, adding to a gain of 1.3% on Friday and a 0.4% rise for the week. 
 Gold ETFs tracked by Bloomberg saw inflows of 7.4 tons on Friday, the highest daily amount since October 2012, said analysts at Commerzbank in a note on Monday. They added that much of that gain was driven by the SPDR Gold Trust GLD +0.95% .

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