Gold futures fell during the Asian session on Wednesday.

According to the Comex classification of the New York Mercantile Exchange, gold futures for February were trading at USD4,351.70 per ounce at the time of writing, down 0.79%.

Gold traded earlier in the session as low as USD 4,339.50 per ounce. It may find support at USD 4,316.00 and resistance at USD 4,584.00.

Dollar index futures, which measure the performance of the US currency against a basket of six other major currencies, rose 0.07% to trade at USD98.02.

Meanwhile, on Comex, the price of silver for March delivery fell by 7.63% to trade at USD71.97 per ounce, while the price of copper for March delivery fell by 1.28% to trade at USD5.67 per pound.