Commodity Market Update : Epic Research Singapore

Gold futures saw their biggest daily drop of 2014 Monday as solid gains for stocks and lackluster physical demand for the precious metal prompted investors to book profits on recent gains.

August gold futures GCQ4 +0.13%   plunged $30.70, or 2.3%, to $1,306.70 an ounce, marking the biggest one-day drop for a nearby futures contract since December. 

September silver SIU4 +0.22%   fell more than 54.7 cents, or 2.6%, to $20.91 an ounce.

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