According to the COMEX of New York, gold futures for October traded at $ 1978.15/oz, down 0.17%.
It was previously traded lower at $ 1977.05/oz. Gold may find support at $ 1941.70 and resistance at $ 1997.00.
The dollar index, which measures the performance of the greenback versus a basket of six other major currencies, fell 0.01% to $ 93.498.
“A technical breakout above the $1978 level could open doors for a retest of the record highs en route the $ 2000 barrier.”