Tuesday, January 7, 2014

Epic Research Singapore : Comex Market Update

Gold futures settled with a slight loss on Monday after suffering from a sudden, large but brief drop in prices earlier on the Comex division of the New York Mercantile Exchange. Analysts said the early price crash may have been due to a "fat finger," among other things. Traders awaited the Federal Reserve's December meeting minutes due Wednesday and U.S. jobs data due Friday, for cues on gold's direction. February gold GCG4 +0.17% fell 60 cents, or 0.1%, to settle at $1,238 an ounce on Comex.
 
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