Commodity Market Update : Epic Research Malaysia

Gold prices inched fractionally higher on Wednesday, getting back on track after a three-day skid yet staying below the key level of $1,300 an ounce.

Gold for August delivery GCQ4 +0.41% GCQ4 +0.41% rose $2.70, or 0.2%, to settle at $1,299.80 an ounce. A day earlier, gold prices lost ground as Federal Reserve Chairwoman Janet Yellen’s dovish testimony sapped any chance for gains.

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