Gold Market Update : Epic Research Singapore

Gold futures, which retreated from a 13-month high Friday, suffered a loss for the week as strength in U.S. stocks, oil prices and the dollar signaled a return of investors’ appetite for assets perceived as risky.

April gold GCJ6, -1.70%  fell by $13.40, or 1.1%, to settle at $1,259.40 an ounce, with the metal tallying a 0.9% weekly decline. May silver SIK6, -0.25% saw a narrow gain, tacking on 5.6 cents, or 0.4%, to $15.605 an ounce, for a weekly decline of roughly 0.6%.

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