Friday, May 15, 2015

Gold Market Update : Epic Research Singapore

Gold futures rose for a third straight session on Thursday, settling at their highest since mid-February on continued support from recent weakness in the U.S. dollar, as traders assessed the latest economic data for hints on the metal’s investment appeal.

Gold for June delivery on Comex GCM5, -0.51%  rose $7, or 0.6%, to settle at $1,225.20 an ounce. That was the highest settlement for prices, based on the most-active contracts, since Feb. 13.

July silver SIN5, -0.60%  also gained 24.4 cents, or 1.4%, to $17.465 an ounce.

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