Commodity Market Update : Epic Research Malaysia

The Ukraine risk premium failed to keep gold from tracking lower on Tuesday, as attention turned back to equities following the Labor Day holiday.

At last check, gold for December delivery GCZ4, +0.24% was down $10.20, or 0.8%, to $1,277.20 an ounce. September silver SIU4, +0.47% slipped 8 cents, or 0.4%, to $19.32 an ounce.

Gold is still stuck in a tight range, but things could pick up as we head toward the end of the week, when the U.S. Labor Department releases its nonfarm-payrolls report.

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