Gold futures prices rose on Thursday on the New York Mercantile Exchange (COMEX), with February gold contracts recording $2,669.81 per ounce, up 0.19% at the time of writing the report.
🔹 Gold performance during the session
Highest price: $2,673.41 per ounce.
Support points: $2,618.50.
Resistance points: $2,735.50.
📊 Dollar Index
The dollar index, which measures the performance of the US currency against a basket of six major currencies, rose 0.15% to 106.20, reflecting a strong performance by the dollar in global markets.
📉 Other metals performance
Silver: It fell by 0.06%, reaching $30.54 per ounce in March contracts.
Copper: Down 0.39% to trade at $4.12/lb for March.
✨ Market Summary
Precious and industrial metals markets saw mixed performance, with gold benefiting from relative weakness in global equities and rising demand for safe-haven assets. However, silver and copper continued to decline amid market volatility.