COMEX gold bounces after sell-off, ends near highs

Newswire

NEW YORK, March 30 (Reuters) - COMEX gold futures shot higher on Tuesday as traders looked to the market as a safe-haven alternative in the face of dollar weakness and heightened geopolitical tensions, dealers and analysts said. Speculative selling that had weighed gold down on Monday had dried up, traders said, while news of British police arresting eight men and seizing a cache of explosives in an anti-terror sweep sparked new buying and short covering. "Those who were shorting gold ...

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