Gold Market Update : Epic Research Singapore

Gold futures settled higher on Thursday, recouping some of the recent losses that pushed prices to their lowest level of the month, as downbeat U.S. economic data pressured the dollar and raised prospects for investment demand.

Gold for June delivery on Comex GCM5, -0.23%  rose $7.40, or 0.6%, to settle at $1,194.30 an ounce after finishing Wednesday at their lowest level since March. May silver SIK5, -0.12%  added 3.3 cents, or 0.2%, to $15.829 an ounce.

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