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Tuesday 13 March 2018

Gold still falling

Quotations of gold futures fell during Asian trade on Tuesday. At COMEX, the division of the New York Mercantile Exchange, gold futures for April delivery are traded at a price of $1.321.70 per troy ounce. The support now is at $1.313.20 and resistance is at $1.329.80.
Futures on the USD index, showing the ratio of the US dollar to the basket of the six major currencies, rose by 0.06% and is trading at around $89.94. As for other commodities traded on COMEX, silver futures for delivery in May decreased by 0.01%, reaching $16.535 per troy ounce, while copper futures for delivery in May decreased by 0.03%, reaching the level of $3.120 per pound.


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