Gold Market Update : Epic Research Singapore

Gold and silver futures on Wednesday marked their lowest settlements of the month as some upbeat U.S. economic data and strength in the stock market helped to dull the metals’ investment appeal.

Gold for June delivery on Comex GCM5, -0.04%  fell $16.20, or 1.4%, to settle at $1,186.90 an ounce, while May silver SIK5, -0.13%  dropped 21.2 cents, or 1.3%, to $15.796 an ounce. Both metals posted price gains of 0.8% on Tuesday.

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