BUZ INVESTORS Gold increased 5.09 USD/t oz. or 0.40% to 1,264.97 on Wednesday May 31 from 1,262.71 in the previous trading session. Historically, Gold reached an all time high of 1898.25 in September of 2011 and a record low of 34.83 in January of 1970.
Gold is trading at $1266.20 per ounce at 09:40 GMT this morning, 0.07% higher from the New York close. This morning, the precious metal traded at a high of $1266.90 per ounce and a low of $1262.00 per ounce. Yesterday, gold traded 0.08% higher in the New York session and closed at $1265.30 per ounce, amid weakness in the US Dollar and a decline in global equities. Immediate downside, the first support level is seen at $1262.87 per ounce, while on the upside, the first resistance level is at $1268.47 per ounce.
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