Gold Market Update : Epic Research Singapore

Gold futures settled back below $1,200 an ounce Monday, taking a cue from a rising dollar as investors weigh the timing of an interest-rate increase by the U.S. Federal Reserve.

Gold futures for June delivery GCM5, -0.08%  fell $5.30, or 0.4%, to settle at $1,199.30 an ounce on Comex following a 0.3% gain last week. May silver SIK5, -0.16%  fell 9.1 cents, or 0.6%, to $16.291 an ounce.

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