Saturday, May 23, 2015

Gold Market Update : Epic Research Singapore

Gold futures settled a dime lower on Friday, suffering their first weekly loss in three as traders anticipated a rate hike by the Federal Reserve later this year.

Gold for June delivery on Comex GCM5, +0.11% lost 10 cents to settle at $1,204 an ounce, while July silver SIN5, -0.16%  ended at $17.051 an ounce, down 8.1 cents, or 0.5%.

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