Commodity Market Update : Epic Research Singapore

Gold held on to sharp overnight gains on Friday and was headed for a weekly rise after two straight declines, after the European Central Bank launched a series of measures to pump money into the sluggish eurozone economy.

Investors refrained from taking big positions in early trading as they were eyeing U.S. nonfarm payrolls report later in the day for a gauge on the world's biggest economy.

Spot gold was steady at US$1,253.90 an ounce by 0035 GMT, after jumping nearly 1 per cent on Thursday - its biggest jump in three weeks.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg