Wednesday, May 7, 2014

Epic Research Singapore : Commodity Market Update

Gold futures closed lower on Tuesday after a two-session climb, but stayed near a three-week high as flare-ups in Ukraine and uncertainty in the U.S. equities market combined to provide support to the precious metal. 

  Gold for June delivery GCM4 +0.25%  fell 70 cents, or 0.1%, to settle at $1,308.60 an ounce on the Comex division of the New York Mercantile Exchange, while July silver SIN4 +0.23%  tacked on 7 cents, or 0.4%, to $19.645 an ounce. 


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