Gold futures settled below $1,300 an ounce on Wednesday for the first time in nearly a week, as generally upbeat comments from Federal Reserve Chairwoman Janet Yellen on the U.S. economy helped dull safe-haven demand for the metal.
Gold for June delivery GCM4 +0.14% fell $19.70, or 1.5%, to settle at $1,288.90 an ounce on the Comex division of the New York Mercantile Exchange. That was the first close for a most-active contract below $1,300 since May 1, FactSet data show.
July silver SIN4 -0.22% lost 30 cents, or 1.5%, to $19.34 an ounce.
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Gold for June delivery GCM4 +0.14% fell $19.70, or 1.5%, to settle at $1,288.90 an ounce on the Comex division of the New York Mercantile Exchange. That was the first close for a most-active contract below $1,300 since May 1, FactSet data show.
July silver SIN4 -0.22% lost 30 cents, or 1.5%, to $19.34 an ounce.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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