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  • Gold Falls Ahead Of Fed Announcement 0 comments
    Oct 30, 2013 4:14 AM

    (click to enlarge)Gold futures traded lower during the Asian session on Wednesday, as traders await the conclusion of the two-day meeting of the Fed later on Wednesday.

    On the Comex division of the New York Mercantile Exchange, gold futures for December delivery fell 0.15 % to USD1, 343.50 a troy ounce in Asian trading on Wednesday . The December contract closed lower by 0.50 % to USD1, 345.50 an ounce on Tuesday.

    Gold futures were likely to find support at USD1, 310.10 a troy ounce, the low of October 22 and resistance at USD1, 361.70 , Monday's high .Read More

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