Saturday, August 16, 2014

Commodity Market Update : Epic Research Singapore

Gold futures dropped Friday on tame U.S. inflation data, but recouped earlier losses as haven demand emerged following news of clashes between Ukrainian and Russian forces.

December gold futures GCZ4 -0.78%   fell $9.50, or 0.7%, to $1,306.20 an ounce. For the week, gold futures shed 0.4%. September silver SIU4 -1.76%   lost nearly 38 cents, or 1.9%, to trade at $19.53 an ounce.

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