Gold Market Update : Epic Research Singapore

Gold futures settled with a gain of just over 1% Monday, bouncing off a six-week low set in the previous session as traders searched for clues on when the Federal Reserve will begin lifting interest rates.

Gold for June delivery GCM5, -0.08%  rose $12.30, or 1.1%, to settle at $1,186.80 an ounce on Comex. July silver SIN5, -0.16%  jumped 30.6 cents, or 1.9%, to $16.441 an ounce, following declines over the past two trading sessions.

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