Gold futures prices 8/3/2012

Gold futures prices 8/3/2012 : investors eyed a highly anticipated U.S. employment report later in the day, after European Central Bank head Mario Draghi disappointed market expectations for bold easing measures at a press conference on Thursday. Gold futures were higher in Asian trade on Friday.o n the Comex division of the New York Mercantile Exchange, Gold futures for October delivery traded at USD1591.35 a troy ounce at time of writing rising 0.17%.

It earlier traded at a session high USD1592.85 a troy ounce. Gold was likely to find support at USD1585.25 and resistance at USD1629.25.

US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.05% to trade at USD83.36.

Elsewhere on the Comex, Silver for September delivery rose 0.46% to trade at USD27.118 a troy ounce while Copper for September delivery rose 0.35% to trade at USD3.312 a pound.

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