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Commodity Market Update:Epic Research Malaysia

Saturday 24 January 2015

Gold futures retreated, failing to secure a foothold above $1,300, as the U.S. dollar strengthened against rivals.

Gold for February delivery on Comex GCH5, -0.43% fell $8.10, or 0.6%, to settle at $1,292.60 an ounce, but closed up 1.2% on the week. The precious metal had settled above $1,300 on Thursday for the first time since August.

March silver SIH5, -0.19% fell 6 cents, or 0.3%, to $18.30 an ounce.

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