Friday, June 6, 2014

Commodity Market Update : Epic Research Singapore

Gold prices inched higher Friday, hovering in anticipation of a nonfarm payrolls report that should trip some volatility in otherwise quiet markets.

 At last check, gold for August delivery GCQ4 -0.06%  extended gains, but just barely, rising $1.80 to $1,255 an ounce. July silver SIN4 -0.20%  rose 1 cent to $19.09 an ounce. 

A surge in new jobs from February to April marked the best three-month stretch in two years and analysts are looking for a sizable 210,000 jump in May when the numbers come out later today. 

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