New York Mercantile Exchange, gold fell, affected by the stress test results

Gold futures fell slightly Friday to continue, while the industrial commodity and were traded in narrow ranges, so the pressure released before test results confirmed the health of most banks in Europe.

On the one hand so much bad news has cheered investors bullish, on the other hand stress test results are not on the whole issue of economic prospects and the confidence of investors to determine the signal, while the economic outlook and investor confidence is the key to long-term trend of Commodities factor.

New York Mercantile Exchange Comex gold futures in August settled down 7.80 U.S. dollars, to 1,187.80 dollars an ounce, down 0.7%. Stress test results in the banking industry before the forthcoming release, the contract fell 2.90 U.S. dollars.

Comex benchmark September copper futures rose 0.6% to 3.1850 US dollars per pound.

OptionSellers.com analyst Michael Gross said that in the banking industry stress test results were revealed, Silver futures followed gold lower, but copper was up to bring some silver prices boost test results are not due to increased pressure on the industrial metals market Demand concerns. Comex September silver futures settled down 1.9 cents, to 18.101 U.S. dollars an ounce, down 0.1%.

Nymex October platinum futures settled up 13.40 U.S. dollars, to 1,542.80 dollars an ounce, or 0.9%. September palladium futures rose 9.85 U.S. dollars to 466.75 U.S. dollars an ounce, or 2.2%.