Gold Market Update : Epic Research Singapore

Gold futures posted their biggest move in two weeks to settle lower on Thursday as strength in the U.S. dollar and upbeat economic data helped push prices down for the week.

June gold GCM6, +0.27%  fell for a second session, shedding $21.80, or 1.81%, to settle at $1,226.50 an ounce, its biggest daily move since it fell 2% on March 23. For the week, the precious metal is down 1.4%.

May silver SIK6, -0.02%  was also down 15 cents, or 0.9%, to settle at $16.173 an ounce.

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