Saturday, April 11, 2015

Gold Market Update : Epic Research Singapore

Gold futures snapped a three-day losing streak on Friday but the precious metal’s upside was capped by a stronger dollar and uncertainty over the timing of a Federal Reserve rate hike.

Gold for June delivery on Comex GCM5, +1.19% rose $11, or 0.9%, to settle at $1,204.60 an ounce for a weekly gain of 0.3%. May silver SIK5, +1.91%  rose 21 cents, or 1.3%, to $16.38 an ounce, falling 1.9% in the week.

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