Gold Market Update : Epic Research Singapore

Gold futures settled higher on Tuesday, but recouped less than half of what they lost a day earlier, when they suffered their worst single-day decline in more than two weeks.

December gold GCZ5, -0.01% rose $4.70, or 0.4%, to settle at $1,177.50 an ounce on Comex. It fell 0.9% on Monday, the largest single session loss since Sept. 30.

Gold found support Tuesday from some weakness in the U.S. dollar DXY, -0.05%  and subdued trading in equities.

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