Saturday, March 29, 2014

Epic Research Singapore : Commodity Market Update

Gold futures on Friday held below $1,300 an ounce as recent data showing a pickup in the U.S. economy helped draw some investors away from the metal and to the stock market, feeding a loss of roughly 3% in gold prices for the week.


Gold futures for June delivery GCM4 -0.02% , which is now the most actively-traded contract, fell 50 cents to settle at $1,294.30 an ounce on the Comex division of the New York Mercantile Exchange after touching a low of $1,286.10. 






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