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Thursday, August 27, 2015

Gold Market Update : Epic Research Singapore

Gold futures settled Wednesday at their lowest level in just over a week after falling for a third straight session, as a jump in U.S. equities and strength in the dollar lured investors away from the precious metal.

Gold for December delivery GCZ5, +0.26%  fell $13.70, or 1.2%, to settle at $1,124.60 an ounce on Comex on the heels of the losses in the past two sessions. The precious metal logged its lowest settlement since Aug. 18.

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