Thursday, May 12, 2016

Gold Market Update : Epic Research Singapore

Gold futures settled higher Wednesday, rebounding from a nearly two-week low as a pullback in the U.S. dollar boosted the appeal of the precious metal.

Gold for June delivery GCM6, -0.10% rose $10.70, or 0.9%, to settle at $1,275.50 an ounce, while July silver SIN6, +0.27%  added 22.7 cents, or 1.3%, to $17.319 an ounce. The gold-backed SPDR Gold Trust GLD, +0.94%  rose 0.9%.

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