Thursday, January 16, 2014

Epic Research Singapore : Comex Market Update


Gold futures on Wednesday marked a second-straight session of losses with upbeat U.S. manufacturing data and a stronger dollar dulling the metal's appeal. February gold GCG4 +0.19% fell $7.10, or 0.6%, to settle at $1,238.30 an ounce on Comex. In electronic trading, gold prices traded a bit higher than the Comex close, with February gold at $1,239.40 after the Federal Reserve, in its Beige Book assessment, reported that the U.S. economy is continuing to grow at a moderate pace and the economic outlook is positive.



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