COMEX Gold Hits Three Week High

Published on Jul 06, 2021 12:21

COMEX Gold futures hit near three week high today, approaching $1800 per ounce mark as the US dollar extended losses from a three month top ahead of the release of US ISM Services PMI and FOMC minutes. Dollar index currently quotes down 0.27% at 92.14. The yellow metal saw excellent gains as the WTI Crude oil futures jumped to a three year high. Gold currently trades up 0.87% at $1798 per ounce. Asian equities are slightly lower today though overall mood remains cautious.