Commodity Market Update : Epic Research Singapore

Gold prices retreated Tuesday to settle below $1,300 as better-than-expected U.S. economic data bolstered expectations of a tighter monetary policy from the Federal Reserve.

Gold for August delivery GCQ4 -0.02%  dropped $5, or 0.4%, to $1,298.30 an ounce. September silver SIU4 +0.13%   fared better, edging up 2 cents, or 0.1%, to $20.58 an ounce.


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