Gold Market Update

Gold prices turned higher on Tuesday to top $1,200 before the final trading day of the year, more than reversing Monday’s losses.

Gold for February delivery GCG5, +0.13%  advanced $18.50, or 1.6%, to settle at $1,200.40 an ounce, after touching a high on the session of $1,210.90 an ounce.

Silver for March delivery SIH5, -0.13%  rose 50 cents, or 3.2%, to settle at $16.28 an ounce.

Current Market Update


Tokyo (Nikkei Average) closed for holiday 
Hong Kong (Hang Seng Index) up 0.4% (closed) 
Shanghai (Shanghai Composite Index) up 0.7% (at break) 
Sydney (S&P/ASX 200) down 0.1% (closed) 
Seoul (Kospi) closed for holiday 
Mumbai (Sensex) up 0.2% 
Taipei (Taiex) down 0.1%

SGX Singapore Opening Market Update

SINGAPORE share prices opened flat on Wednesday with the Straits Times Index down 0.35 points to 3,365.76.

Volume was 47.3 million shares valued at S$89.7 million.

Gainers outnumbered losers 46 to 38.