Wednesday, March 30, 2016

Gold Market Update : Epic Research Singapore

Gold futures snapped a three-session losing streak to settler higher Tuesday after Federal Reserve Chairwoman Janet Yellen stressed that the central bank will be cautious on any future interest rate hikes, quashing speculation that the Fed could raise rates as early as April.

June gold GCM6, +0.13%  advanced $15.50, or 1.3%, to settle at $1,237.50 an ounce. The SPDR Gold Trust GLD, +1.85% added 1.6%.

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