Gold Market Update : Epic Research Singapore

Gold futures extended their slide on Thursday to a seventh straight session, as overall strength in the U.S. dollar this month and the prospect of higher U.S. interest rates help push prices to their lowest level since early April.

June gold GCM6, -0.38% fell $3.40, or 0.3%, to settle at $1,220.40 an ounce—marking the lowest session finish since April 4. Month to date, prices have lost roughly 5.5%.

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