Thursday, June 30, 2016

Gold Market Update : Epic Research Singapore

Gold futures climbed toward a two-year high Wednesday, and silver rallied by nearly 3% as the precious metals gained momentum on the back of a weaker U.S. dollar.

Global markets continued to sort out risks tied to the U.K.’s plan to split from the European Union. “It is not all risk-on today…because the yellow metal is shining again as smart money is wary of current [riskier-asset] gains,” said Naeem Aslam, chief market analyst at ThinkForex.

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