Wednesday, October 28, 2015

Gold Market Update : Epic Research Singapore

Gold futures finished with a slight loss on Tuesday, but stuck close to $1,165 an ounce as investors mulled the outcome of the Federal Reserve’s monetary policy meeting and upcoming economic reports, which include U.S. gross domestic product.

Gold futures for December delivery GCZ5, +0.10%  shed 40 cents to settle at $1,165.80 an ounce on Comex, after trading between a low of $1,160.50 and a high of $1,168.80. Prices gained 0.3% Monday as weak housing data pointed to some shakiness in the U.S. economy.

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