Wednesday, September 9, 2015

Gold Market Update : Epic Research Singapore

Gold futures settled Tuesday with a modest decline as investors turned their attention to a rally in the U.S. stock market ahead of the Federal Reserve’s monetary-policy meeting next week.

The meeting may determine the direction of the dollar and dollar-denominated commodities like gold.

Still, gold for December delivery edged down by 40 cents to settle at $1,121 an ounce on Comex, after trading between a low of $1,114.70 and a high of $1,126.

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