Gold Market Update : Epic Research Singapore

Gold futures on Tuesday marked a loss for the first half of the year as speculation that Greece and its creditors could strike a last-minute deal and strength in the U.S. dollar helped send the metal’s prices lower for the session.

Gold for August delivery on Comex GCQ5, +0.09%  fell $7.20, or 0.6%, to settle at $1,171.80 an ounce. On Tuesday, prices tapped a low of $1,165.40 — a level prices haven’t settled at since mid-March.

September silver SIU5, +0.44%  fell 11.4 cents, or 0.7%, to $15.581 an ounce — for a year-to-date loss of 0.1%.

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