Gold futures rallied during the US session

Gold futures rallied during the US session on Thursday.

According to COMEX of the New York Mercantile Exchange, gold futures traded in June at USD1276.55 per ounce at the time of writing, up 0.02%.

It was pre-traded at a high of USD1279.65 an ounce. Gold may find support points at USD1272.20 and resistance at USD1293.40.

The Dollar Index, which measures the performance of the greenback versus a basket of six other major currencies, rose 0.49% to trade at USD97.130.

At the same time on COMEX, silver for May rose 0.09% to trade at USD14.953 per ounce while May copper fell 1.60% to trade at USD2.920 per pound.


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