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Wednesday, December 30, 2015

Gold Market Update : Epic Research Singapore

Gold futures ended little changed Tuesday, kept in check by a rally in a global stocks and a strengthening dollar.

February gold GCG6, +0.22%  ended 30 cents, or less than 0.1%, lower at $1,068 an ounce. The metal is on track for a 0.3% gain for December but remains down 9.8% since the end of 2014. Gold was marginally higher earlier in the session but succumbed to pressure from surging stocks SPX, +1.06% which were underpinned by a rebound in crude-oil prices CLG6, -1.77%

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