Thursday, September 10, 2015

Gold Market Update : Epic Research Singapore

Gold futures logged their lowest settlement in a month on Wednesday, as a rise in Asian and European equities and strength in the U.S. dollar lured investors away from the precious metal.

Gold for December delivery GCZ5, +0.35% gave up $19, or 1.7%, to settle at $1,102 an ounce on Comex. That was the lowest settlement price since Aug. 7. Gold prices have fallen 10 out of the last 12 sessions. That doesn’t include Monday, which didn't see a Comex settlement price because of the Labor Day holiday.

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