COMEX gold drops as U.S. data buoys Dow

Newswire

NEW YORK, Sept 26 (Reuters) - Prospects for soon stretching recent gains in COMEX gold to new highs dimmed Thursday after hopeful economic data sent investors back into blue chip stocks, stranding bullion at the bottom of a recent $320-$330 range. News that the Swiss National Bank will sell another 283 tonnes of gold in the next 12 months, part of an ongoing program to halve its 2,600-tonne bullion reserve, also helped pull the rug out from bullion. December gold settled down $1.90 at ...

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