Friday, May 15, 2015

investing in gold : Gold futures fell during the European session

investing in gold : Gold futures fell during the European session on Friday.COMEX according to the classification of the New York Mercantile Exchange, has gold futures trading in June at USD1214.50 a troy ounce at time of writing, down 0.87%.It earlier traded lower on the session USD1210.80 an ounce. Gold may find support at USD1178.00 and resistance at USD1227.70.The dollar index, which tracks the performance of the greenback against a basket of six other major currencies, rose 0.40% to trade him to USD93.77.At the same time on the Comex, silver for July delivery fell 0.76% to trade at USD17.333 a troy ounce, while the price of copper fell for the month of July rose 0.79% to trade at USD2.901 a pound.