Gold Market Update : Epic Research Singapore

Gold futures settled with their fifth-straight session loss Thursday, holding ground at two-week lows, as major global stock markets gained ahead of a historic decision on the U.K.’s membership in the European Union.

Gold for August delivery GCQ6, +3.31%  declined $6.90, or 0.5%, to $1,263.10 an ounce. Over the past five days, gold has declined 2.7%. The SPDR Gold Trust ETF GLD, -0.65%  was down 0.4% on Thursday.

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