Gold futures finished higher on Wednesday, recouping some of the losses they suffered over the past two trading sessions to reclaim the $1,200-an-ounce level.
U.S. economic reports came in weaker than expected, which helped weaken the U.S. dollar DXY, -0.15% making gold more appealing to investors.
Gold for June delivery GCM5, +0.29% tacked on $8.70, or 0.7%, to settle at $1,201.30 an ounce on Comex, a day after marking its lowest closing level of the month. May silver SIK5, +0.65% also settled up 11.8 cents, or 0.7%, to $16.279 an ounce.
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U.S. economic reports came in weaker than expected, which helped weaken the U.S. dollar DXY, -0.15% making gold more appealing to investors.
Gold for June delivery GCM5, +0.29% tacked on $8.70, or 0.7%, to settle at $1,201.30 an ounce on Comex, a day after marking its lowest closing level of the month. May silver SIK5, +0.65% also settled up 11.8 cents, or 0.7%, to $16.279 an ounce.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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