Gold Market Update : Epic Research Singapore

Gold futures fell for a fourth straight session Wednesday to settle at their lowest level in two weeks ahead of a highly anticipated referendum on the U.K.’s membership in the European Union.

Gold for August delivery GCQ6, -0.20% declined by $2.50, or 0.2%, to finish at $1,270 an ounce, with prices logging their lowest settlement since June 8. The SPDR Gold Trust ETF GLD, +0.05% was nearly flat as of gold’s settlement Wednesday.

Meanwhile, July silver SIN6, -0.24% shed less than penny to end at $17.312 an ounce, however the iShares Silver Trust SLV, +0.24%  climbed 0.1%.

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