Wednesday, April 9, 2014

Epic Research Singapore : Commodity Market Update

Gold built on its recent uptick Wednesday, gaining ground on global jitters and investor hesitation to take on more risk in equity markets.

 At last check, gold for June delivery GCM4 +0.12%  was up $4.60 to $1,313.80 an ounce. May silver SIK4 -0.63%  slipped 1 cent to $20.05 an ounce.

A day earlier, gold knocked out its highest level in two weeks -- up 0.8% to $1,309.10 an ounce -- on the back of a weakening dollar and some more unsettling headlines out of Russia. 

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