Commodity Market Update : Epic Research Malaysia

 Equities have been caught in a tight trading range over the past week, and that’s just fine for gold, which rose on Tuesday for the third time in four sessions.

Gold for December delivery GCZ4, +0.68% advanced $2.40 to $1,185.90 an ounce. December silver SIZ4, +0.92%  tacked on 2 cents to $16.08 an ounce.

A day earlier, gold prices failed to defend back-to-back gains, feeling the weight of declining institutional demand for the precious metal.

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