Gold futures started the new week modestly lower as the yellow metal’s safe have status might be seen as unappealing in a risk-on environment that has arguably been bolstered by U.S. economic reports released last week.
On the Comex division of the New York Mercantile Exchange, gold futures for April delivery dropped 0.06% to USD1,669.55 per troy ounce in Asian trading Monday. Gold prices were likely to find support at USD1,653.35 a troy ounce, the low from January 28 and near-term resistance at USD1,694.75, the high from January 23.Continuie Reading...
By Investing.com Feb 04, 2013 02:19AM GMT
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