Saturday, July 11, 2015

investing in gold : Gold futures rose during the Asian session

investing in gold : Gold futures rose during the Asian session on Friday.

COMEX according to the classification of the New York Mercantile Exchange, has gold futures trading in August at USD1160.90 a troy ounce at time of writing, it rose by 0.15%.

It earlier traded at a height of USD1161.70 an ounce session. Gold may find support at USD1145.90 and resistance at USD1174.40.

The dollar index, which tracks the performance of the greenback against a basket of six other major currencies, fell 0.36% to trade him to USD96.32.

At the same time on the Comex, silver for September rose by 0.40% to trade at USD15.422 a troy ounce while Copper for September rose by 0.26% to trade at USD2.553 a pound.