Thursday, July 16, 2015

investing in gold : Gold futures fell during the US session

investing in gold : Gold futures lower during the session US trade on Wednesday.

COMEX according to the classification of the New York Mercantile Exchange, has gold futures trading in August at USD1147.00 a troy ounce at time of writing, down 0.56%.

It earlier traded lower on the session USD1142.20 an ounce. Gold may find support at USD1142.20 and resistance at USD1172.60.

The dollar index, which tracks the performance of the greenback against a basket of six other major currencies, rose 0.50% to trade him to USD97.29.

At the same time on the Comex, silver for September delivery fell 1.83% to trade at USD15.035 a troy ounce, while copper fell for the month of September rate by 1.07% to trade at USD2.508 a pound.