Thursday, August 7, 2014

Commodity Market Update : Epic Research Singapore

Gold prices on Wednesday shrugged off its recent weakness to move back above $1,300 as Ukraine fears cast a shadow over the equity markets.

Gold for December delivery GCZ4 -0.02%   rose $22.90, or 1.8%, to $1,308.20 an ounce, the first time it settled above $1,300 since July 29. September silver SIU4 +0.36%   gained 19 cents to $20.02 an ounce.

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