Commodity Market Update : Epic Research Malaysia

Gold bounced back from early losses on Friday to hit its highest price in weeks. Underpinning the move by the yellow precious metal, which has been battered for weeks, was a slightly weaker dollar, and hope of a cut in oil production.

Gold for December delivery GCZ4, +2.27% rallied $24.10, or 2.1%, to settle ar $1,185.60 an ounce, its highest since it closed at 1,198.60 on Oct. 30. The move higher on Friday still capped an otherwise tough week for gold, which still will leave the metal down 0.4% for the week.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my