Epic Research Singapore : Comex Market Update

Gold prices moved fractionally lower on Thursday, holding mostly steady after whipsaw trading in the prior session brought an end to three days of advances.

Gold for April delivery GCJ4 -0.02%  was down a buck to $1,327 an ounce in electronic trade. March silver SIH4 -0.75%  lost 18 cents, or 0.8%, to $21.08 an ounce.

A day earlier, gold futures closed back below $1,330 an ounce as surprisingly strong monthly new-home sales figures drew investors to stocks and the U.S. dollar — and away from precious metals.

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