Gold futures settled lower on Thursday after four consecutive sessions of gains, and silver prices retreated from a nearly one-year high.Investors assessed the European Central Bank’s decision to stand pat on interest rates and looked ahead to the U.S. Federal Reserve’s monetary policy meeting next week.
Gold for June delivery GCM6, +0.04% fell $4.10, or 0.3%, to settle at $1,250.30 an ounce on Comex, after tallying a gain of roughly 2.3% over the past four trading sessions. Earlier in the session, gold prices had been as high $1,272.40 an ounce.
May silver SIK6, +0.18% lost 4.5 cents, or 0.3%, to $17.09 an ounce following a 1% rise a day earlier that lifted prices to their highest settlement since May. Silver also had been firmly higher, up at $17.72 an ounce before its retreat.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment