Gold futures lower during the European session

Aug 02, 2018

Gold futures were lower during the European session on Thursday.

On the Comex division of the New York Mercantile Exchange, Gold futures for December delivery traded at USD1224.80 a troy ounce at time of writing falling 0.23%.

It earlier traded at a session low USD1224.00 a troy ounce. Gold was likely to find support at USD1213.00 and resistance at USD1228.90.

US Dollar Index Futures, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.32% to trade at USD94.76.

Elsewhere on the Comex, Silver for September delivery rose 0.11% to trade at USD15.435 a troy ounce while Copper for September delivery fell 0.86% to trade at USD2.724 a pound.