Wednesday, January 13, 2016

Gold Market Update : Epic Research Singapore

Gold futures ended lower Tuesday on the back of a strengthening U.S. dollar.

February gold GCG6, -0.16% finished $11, or 1%, lower at $1,085.20 an ounce. The ICE U.S. Dollar Index DXY, +0.17% a measure of the greenback’s strength against a basket of six rival currencies, was up 0.3% on Tuesday and has advanced about 0.6% this week, weighing on assets priced in dollars.

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