Home / Market Update / Commodities / Gold Futures Fell During The Asian Session

Gold Futures Fell During The Asian Session

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.”

Check Also

Tariff Turmoil: USD/CHF Crashes to Multi-Month Lows After Liberation Day Shock

The USD/CHF currency pair took a dramatic nosedive during Thursday’s trading session, plummeting to the …