Wednesday, April 6, 2016

Gold Market Update : Epic Research Singapore

Gold futures finished higher Tuesday as investors rushed toward safety plays amid a global stock-market downdraft.

June gold GCM6, +0.05%  rose $10.20, or 0.8%, to $1,229.50 an ounce, and May silver SIK6, -0.11%  gained 17.2 cents, or 1.2%, to $15.12 an ounce.

Gold is getting a lift “from significantly higher risk aversion among market participants this morning,” said Commerzbank analysts in a note.

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