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MTECHTIPS:-Gold futures lower in Asian trade
On the Comex division of the New York Mercantile Exchange, Gold futures for August delivery traded at USD1576.35 a troy ounce at time of writing falling 0.73%.It earlier traded at a session low USD1559.35 a troy ounce. Gold was likely to find support at USD1559.35 and resistance at USD1642.15.US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.20% to trade at USD82.50.Elsewhere on the Comex, Silver for July delivery fell 0.79% to trade at USD28.303 a troy ounce while Copper for July delivery fell 0.94% to trade at USD3.328 a pound.
On the Comex division of the New York Mercantile Exchange, Gold futures for August delivery traded at USD1576.35 a troy ounce at time of writing falling 0.73%.It earlier traded at a session low USD1559.35 a troy ounce. Gold was likely to find support at USD1559.35 and resistance at USD1642.15.US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.20% to trade at USD82.50.Elsewhere on the Comex, Silver for July delivery fell 0.79% to trade at USD28.303 a troy ounce while Copper for July delivery fell 0.94% to trade at USD3.328 a pound.
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