Wednesday, April 15, 2015

Gold Market Update : Epic Research Singapore

Gold futures trimmed losses early Tuesday after a weaker-than-expected rebound in U.S. retail sales for March, but still settled at their lowest level of the month as traders weighed the timing of an interest-rate hike by the Federal Reserve.

Gold for June delivery on Comex GCM5, -0.11%  fell $6.70, or 0.6%, to end at $1,192.60 an ounce — the lowest futures price settlement since March 31. May silver SIK5, -0.22%  also fell 13 cents, or 0.8%, to $16.161 an ounce.

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