Tuesday, 5 August 2014

Commodity Market Update : Epic Research Malaysia

Gold declined on Monday as the U.S. stock market rebounded from Friday’s steep drop to lure away investors.

Gold for August delivery GCQ4 +0.06% fell $5.90, or 0.5%, to settle at $1,287.70 an ounce. September silver SIU4 -0.16% dropped 14 cents to $20.23 an ounce.

Gold put an end to a three-day losing stretch on Friday after data showed the economy added fewer jobs than analysts had expected.

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