Thursday, July 14, 2016

Gold Market Update : Epic Research Singapore

 August gold GCQ6, -0.09%  gained $8.30, or 0.6%, to finish at $1,343.60 an ounce following a four-session decline.

Meanwhile, Silver futures returned to a nearly two-year settlement high on Wednesday, as the U.S. stock market paused their recent rally, providing a lift to gold prices, which marked their first climb in five sessions.

September silver SIU6, -0.11% which has been the highflier relative to gold in recent weeks, added 24.2 cents, or 1.2%, to settle at $20.413 an ounce. Silver, which has been getting an additional boost from its use as an industrial commodity, saw its highest settlement since late July 2014, according to FactSet.

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