Gold futures settled Friday at their lowest level in six weeks, logging their third straight weekly loss as investors looked to the latest economic data to help gauge demand.
Gold for June delivery on Comex GCM5, -0.42% fell $7.90, or 0.7%, to settle at $1,174.50 an ounce. After tallying a loss of losing a total of nearly $40 over the past two trading sessions, prices closed at their lowest level since March 19.
Tracking the most-active contracts, they finished 50 cents lower than last week’s settlement and have now fallen three straight weeks.
July silver SIN5, -0.17% shed 1.8 cents, or 0.1%, to $16.135 an ounce, with prices gaining roughly 3.2% for the week.
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Gold for June delivery on Comex GCM5, -0.42% fell $7.90, or 0.7%, to settle at $1,174.50 an ounce. After tallying a loss of losing a total of nearly $40 over the past two trading sessions, prices closed at their lowest level since March 19.
Tracking the most-active contracts, they finished 50 cents lower than last week’s settlement and have now fallen three straight weeks.
July silver SIN5, -0.17% shed 1.8 cents, or 0.1%, to $16.135 an ounce, with prices gaining roughly 3.2% for the week.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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