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Gold Futures Declined During Asian Session

Adel 27 August, 2020 11:28 am Commodities, Market Update

According to the COMEX, gold futures were traded for December at $ 1949.80 per ounce, down 0.44%.

It previously traded at a session low$ 1946.25 an ounce. Gold may find points of support at $ 1908.40 and resistance at $ 1970.30.

The dollar index, which measures the performance of the greenback against a basket of six other major currencies, rose 0.12% to trade at $ 92.888.

Meanwhile on the COMEX, silver for the month of September fell by 0.71% to trade at $ 27.255 an ounce, while the price of copper for September fell by 0.39 to be traded at $ 2.9653 per pound.

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