Gold futures finished with a slight loss on Tuesday as investors awaited the conclusion of the U.S. Federal Reserve’s two-day monetary policy meeting for any clues as to when the central bank will lift interest rates.
The gold market also saw some pressure following a report that showed second-quarter demand hit its lowest level in six years.
August gold GCQ5, +0.07% fell 20 cents to settle at $1,096.20 an ounce on Comex after closing Monday with a 1% gain.
September silver SIU5, +0.19% meanwhile, settled up 3.7 cents, or 0.3%, at $14.642 an ounce, after posting a gain a day earlier.
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The gold market also saw some pressure following a report that showed second-quarter demand hit its lowest level in six years.
August gold GCQ5, +0.07% fell 20 cents to settle at $1,096.20 an ounce on Comex after closing Monday with a 1% gain.
September silver SIU5, +0.19% meanwhile, settled up 3.7 cents, or 0.3%, at $14.642 an ounce, after posting a gain a day earlier.
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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