Gold Market Update : Epic Research Singapore

Gold futures settled higher on Friday to end a five-session streak of losses as growing concerns that Greece’s debt woes will drag on, even if an agreement on bailout funding is reached next week, helped buoy the metal’s investment appeal.

August gold GCQ5, +0.16%  added $1.40, or 0.1%, to settle at $1,173.20 an ounce on Comex. That was the first session gain since June 18, based on the most-active contracts.

September silver SIU5, -0.48%  ended down 7.3 cents, or 0.5%, at $15.768 an ounce, for about a 2.3% weekly decline.

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