Thursday, June 16, 2016

Gold Market Update : Epic Research Singapore

Gold futures extended their streak of gains to a sixth straight session Wednesday, and prices continued to climb in electronic trading after the U.S. Federal Reserve stood pat on interest rates.

August gold GCQ6, +1.16% rose 20 cents to settle at $1,288.30 an ounce before the Fed decision. It moved up to $1,293.10 in electronic trading shortly after the news. Prices trade about 6% higher month to date.

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