Gold Market Update : Epic Research Singapore

Gold futures logged sharp gains Monday, registering their third straight session advance, as investors’ expectation for lower interest rates helped prop up the commodity amid higher moves in stock benchmarks and crude futures.

June gold GCM6, -0.14% rose $14.20, or 1.1%, to close at $1,258 an ounce on Comex, logging its highest fi since March 17, according to FactSet data. The yellow metal has benefited from concerns about growth and fear of a lackluster corporate earnings season, which kicks off unofficially Monday after the close of stock-market trading with results from Alcoa Inc. AA, +3.95%

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