Gold Market Update : Epic Research Singapore

Gold futures finished lower on Thursday, as so-called riskier assets lured investors away from the metal, but still scored a second-straight quarterly gain to leave the yellow metal up nearly 25% in the first half of the year.

August gold GCQ6, +0.74%  fell $6.30, or 0.5%, to settle at $1,320.60 an ounce, pulling back a day after futures prices marked their highest close since July 11, 2014.

After spotty, post-Brexit volatility, prices have turned slightly lower for the week so far. But they were up about 6.9% for the second quarter and have climbed 24.6% since the end of 2014, according to FactSet data.

Silver has been the standout gainer among the metals over recent sessions, and Thursday was no exception; silver posted slim gains on the heels of a steep Wednesday advance.

September silver SIU6, +2.18%  gained 21.6 cents, or 1.2%, at $18.623 an ounce—the highest settlement since mid-September of 2014. Futures prices are up roughly 20% for the quarter and up about 35% year to date.

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