Friday, February 13, 2015

Gold Market Update : Epic Research Singapore

Gold prices posted its first gain in three sessions, albeit a modest one, following a pullback for the U.S. dollar, disappointing economic data and news of strong demand for the metal in the fourth quarter of last year.

After settling at the lowest level in a month on Wednesday, gold for April delivery GCJ5, +0.52%  rose $1.10, or 0.1%, to settle at $1,220.70 an ounce on Comex. Prices had fallen by nearly $22 in the past two trading sessions.

March silver SIH5, +0.96%  gained 3.3 cents, or 0.2%, to $16.794 an ounce.

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