Wednesday, May 13, 2015

Gold Market Update : Epic Research Singapore

Gold futures on Tuesday settled at their highest level in a week, as the U.S. dollar lost ground and bond markets in Europe tumbled, spurring a modicum of safe-haven demand.

Gold for June delivery on Comex GCM5, +0.03%  rose $9.40, or 0.8%, to settle at $1,192.40 an ounce. That’s the highest settlement since May 5. July silver SIN5, +0.30%  advanced 21.2 cents, or 1.3%, to $16.526 an ounce.

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