Saturday, October 10, 2015

Gold Market Update : Epic Research Singapore

Gold prices rallied on Friday to settle at a level not seen since late August as expectations for a further delay in U.S. interest-rate hikes weakened the U.S. dollar, lifting the metal’s investment appeal.

Gold for December delivery GCZ5, +0.99%  jumped $11.60, or 1%, to settle at $1,155.90 an ounce on Comex for its highest settlement since Aug. 21. For the week, prices logged a gain of 1.7%.


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