Sunday, January 13, 2013

Gold trades slightly higher in Asian trading

Gold futures rose modestly in the early part of Asia’s Monday session following a glum performance to end last week. 

On the Comex division of the New York Mercantile Exchange, gold futures for February delivery added 0.2% to trade up to USD1,663.85 per troy ounce in Asian trading Monday. In U.S. trading Friday, gold slumped 0.9%. 

Gold prices were likely to find support at USD1,626.05 a troy ounce, the low from January 4 and resistance at USD1,680.95,the high of December 30. Continue Reading...

By Investing.com

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