Wednesday, April 29, 2015

Gold Market Update : Epic Research Singapore

Gold futures finished at their highest level in about three weeks on Tuesday, finding support from weakness in the dollar a day ahead of the Federal Reserve’s statement on monetary policy.

Gold for June delivery on Comex GCM5, -0.35%  added $10.70, or 0.9%, to settle at $1,213.90 an ounce. That was the highest settlement for the most-active contract since April 6, FactSet data show.

July silver SIN5, -0.45% advanced by 19.1 cents, or 1.2%, to $16.63 an ounce, following a 4.8% rally a day earlier.

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