Gold prices gained in Asia on Monday on continued support from events in the Ukraine.
Gold prices gain in Asia on events in the UkraineGold prices up in Asia
On the Comex division of the New York Mercantile Exchange, gold for June delivery traded at $1,305.50 a troy ounce, up 0.20%, after settling on last week at $1,302.90.
Gold futures jumped more than 1% on Friday, as growing concerns over the conflict in eastern Ukraine overshadowed stronger than expected U.S. jobs data..
Earlier in the week, preliminary data showed that U.S. gross domestic product grew at an annual rate of just 0.1% in the first three months of the year, well below forecasts for an expansion of 1.2%.
Net longs totaled 89,954 contracts, down 0.68% from net longs of 90,572 in the preceding week.
Silver for July delivery rose 0.06% to 19.557 a troy ounce. Copper for July delivery rose 0.32% to $3.075 a pound.
Gold prices gain in Asia on events in the UkraineGold prices up in Asia
On the Comex division of the New York Mercantile Exchange, gold for June delivery traded at $1,305.50 a troy ounce, up 0.20%, after settling on last week at $1,302.90.
Gold futures jumped more than 1% on Friday, as growing concerns over the conflict in eastern Ukraine overshadowed stronger than expected U.S. jobs data..
Earlier in the week, preliminary data showed that U.S. gross domestic product grew at an annual rate of just 0.1% in the first three months of the year, well below forecasts for an expansion of 1.2%.
Net longs totaled 89,954 contracts, down 0.68% from net longs of 90,572 in the preceding week.
Silver for July delivery rose 0.06% to 19.557 a troy ounce. Copper for July delivery rose 0.32% to $3.075 a pound.