Friday, December 4, 2015

Gold Market Update : Epic Research Singapore

Gold futures marked their first gain in three sessions on Thursday, finding support from a weaker U.S. dollar, but analysts warned that the gains may be short lived as the Federal Reserve prepares to deliver an interest-rate hike later this month.

Gold for February delivery on Comex GCG6, +0.03%  added $7.40, or 0.7%, to settle at $1,061.20 an ounce after ending Wednesday at $1,053.80, its lowest settlement since February 2010. March silver SIH6, -0.05%  climbed 6.8 cents, or 0.5%, at $14.077 an ounce.

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