Wednesday, April 1, 2015

Gold Market Update : Epic Research Singapore

Gold futures settled lower on Tuesday, marking a second straight monthly loss, with prices pressured by overall strength in the U.S. dollar.

Gold for June delivery GCM5, +0.38% which is the most-active futures contract, fell by $2.10, or 0.2%, to settle at $1,183.20 an ounce on Comex. For the month, prices lost around 2.5% and for the month and fell roughly 0.1% for the quarter, based on the most-active contracts.

May silver SIK5, +0.52%  fell 7.6 cents, or 0.5%, to $16.598 an ounce. Prices were up roughly 0.3% for the month, gaining more than 6% for the quarter.

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