Epic Research Singapore : Commodity Market Update

Gold prices apparently weren’t content with merely taking out a six-month high, rising again on Thursday ahead of a raft of economic data.

Gold for April delivery GCJ4 +0.19%  advanced $2.40, or 0.2%, to $1,372.90 an ounce in electronic trade. Likewise, May silver SIK4 +0.13%  added 4 cents, or 0.2%, to $21.41 an ounce. 

Traders will be watching U.S. retail sales figures, which are expected to show an increase of 0.2% in February, though the harsh weather is definitely clouding the results. Weekly jobless claims are also on tap, with analysts looking for a slight improvement to 330,000 in the first week of March from 323,000 in the last week of February

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