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Thursday, May 7, 2015

Gold Market Update : Epic Research Singapore

Gold futures settled modestly lower on Wednesday as separate comments from two Federal Reserve officials outweighed a lower-than-anticipated reading on private-sector employment.

Gold had been showing a modest loss in early trading, then rallied and seesawed after the latest data on U.S. private-sector jobs.

Gold for June delivery GCM5, -0.25%  shed $2.90, or 0.2%, to settle at $1,190.30 an ounce on Comex, following gains over the past two trading sessions. July silver  SIN5, -0.37%  fell 7.3 cents, or 0.4%, $16.506 an ounce.


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