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Gold futures higher in Asian trade

Published 02/07/2014, 05:05
Gold futures higher in Asian trade
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Investing.com - Gold futures were higher in Asian trade on Wednesday.

On the Comex division of the New York Mercantile Exchange, Gold futures for August delivery traded at USD1327.50 a troy ounce at time of writing rising 0.07%.

Earlier, it traded at a session high USD1328.60 a troy ounce. Gold was likely to find support at USD1311.00 and resistance at USD1334.90.

US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.03% to trade at USD79.87.

Elsewhere on the Comex, Silver for September delivery rose 0.14% to trade at USD21.087 a troy ounce while Copper for September delivery fell 0.31% to trade at USD3.193 a pound.

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