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

Euro Holds Firm as France Restores Political Calm, While UK Faces Fiscal Strain

The euro remained stable on Friday, supported by renewed political calm in France after recent …