Gold futures end lower for a fourth straight session

Gold futures on Wednesday logged a fourth consecutive session of losses as investors eagerly watched debt talks in Greece and searched for further clues on the timing of the Federal Reserve’s interest-rate hike.

Gold for June delivery GCM5, +0.13%  fell $1.30, or 0.1%, to settle at $1,185.60 an ounce on Comex, with prices holding ground at their lowest settlement level since May 11.

July silver SIN5, +0.23%  lost 9.9 cents, or 0.6%, to $16.647 an ounce.

“While the gold market is presently seeing very little safe-haven demand from the Greece debt matter, that could change in a hurry if the situation with Greece and its debt burden deteriorates,” said Jim Wyckoff, senior analyst at Kitco.com.

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