MTECHTIPS;-Gold futures lower during the European session
MTECHTIPS;-Gold futures lower during the European session
Gold futures were lower during the European session on Monday.On the Com ex division of the New York Mercantile Exchange, Gold futures for June delivery traded at USD1597.95 a troy ounce at time of writing falling 0.14%.It earlier traded at a session low USD1595.45 a troy ounce. Gold was likely to find support at USD1591.95 and resistance at USD1608.85.US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.07% to trade at USD83.09.
Elsewhere on the Comex, Silver for May delivery fell 1.19% to trade at USD27.985 a troy ounce while Copper for May delivery fell 1.53% to trade at USD3.350 a pound.
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