Friday, January 23, 2015

investing in gold : Gold futures fell during the European session


investing in gold: Gold futures fell during the European session on Friday.

According to the classification Comex New York Mercantile Exchange, has Gold futures trade in February at USD1293.60 a troy ounce at time of writing, down 0.55%.

It earlier traded lower as USD1292.80 an ounce session. Gold may find support at USD1272.10 and resistance at USD1307.80.

The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.53% to trade him to USD95.17.

At the same time on the Comex, silver for March delivery fell 0.77% to trade at USD18.218 a troy ounce, while the price of copper fell for the month of March increased by 1.61% to trade at USD2.537 a pound. Gold investing news