A look on Comex market today which is in the normal range of trading. Gold price in the Comex market, the delivery of August gold futures (CNS:GCQ3) ended Nymex floor deliberative on a rise by $9.80 an ounce at $1,387.60 USD/ Ounce of gold. The contract saw a 0.4% weekly gain and trimmed its month by a fall to 0.3%. For the last year trading , gold futures remain down by more than 17% from the normal rate.
Gold price in Comex did not watch a lot of actions. But the most important action was the return of big investors back to the market, after a long time of absence. The issue which pushed gold price up for the first time in this week.
Gold price in the Spot market was affected also by the Comex market. In which the investors in the Spot market was cheered by the rise of the comex market.