Gold futures lower in Asian trade

Aug 06, 2018

Gold futures were lower in Asian trade on Monday.

On the Comex division of the New York Mercantile Exchange, Gold futures for December delivery traded at USD1215.90 a troy ounce at time of writing falling 0.60%.

It earlier traded at a session low USD1214.80 a troy ounce. Gold was likely to find support at USD1205.10 and resistance at USD1226.00.

US Dollar Index Futures, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.17% to trade at USD95.19.

Elsewhere on the Comex, Silver for September delivery fell 0.95% to trade at USD15.315 a troy ounce while Copper for September delivery fell 1.36% to trade at USD2.726 a pound.