Friday, August 22, 2014

Commodity Market Update : Epic Research Singapore

Gold prices extended a slide Thursday to finish at a two-month low settlement after a larger-than-expected drop in first-time U.S. jobless claims added to worries the Federal Reserve could move more quickly than anticipated to tighten monetary policy in response to an improving labor market.

Gold for December delivery GCZ4, +0.37%  dropped $19.80, or 1.5%, at $1,275.40 an ounce. 

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