Wednesday, February 24, 2016

Gold Market Update : Epic Research Singapore

Gold prices tacked on 1% on Tuesday to recoup more than half of what they lost a day earlier, as declines in global stock markets and sharp losses for oil spurred investors to buy into assets perceived as safe.

Gold futures for April delivery GCJ6, +0.52%  jumped $12.50, or 1%, to settle at $1,222.60 an ounce, posting its fourth gain in five sessions. Silver for March SIH6, +0.36%  delivery rose 5.6 cents, or 0.4%, to $15.24 an ounce.

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