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Commodity Market Update : Epic Research Malaysia

Friday 30 January 2015




Gold posted its biggest daily percentage drop in 13 months on Thursday as U.S. jobless claims fell sharply, bolstering the Federal Reserve’s commitment to tightening monetary policy later in the year.



Gold for February delivery GCG5, +0.49% skidded $31.30, or 2.4%, to settle at $1,254.60 an ounce, while March silver futures SIH5, +0.94% shed $1.32, or 7.3%, to $16.77 an ounce.

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