Thursday, July 2, 2015

Gold Market Update : Epic Research Singapore

Gold futures on Wednesday logged their lowest settlement in nearly a month, extending losses from a day earlier as an upbeat report on U.S. private-sector hiring and strength in the U.S. dollar and stock market dulled the metal’s haven appeal.

Gold for August delivery GCQ5, -0.18%  fell $2.50, or 0.2%, to settle at $1,169.30 an ounce on Comex. That was the lowest settlement for a most-active contract since June 5. September silver SIU5, -0.27%  fell less than half a cent to $15.577 an ounce.

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