COMEX gold up early on worries of chaos in Iraq

Newswire

NEW YORK, Aug 20 (Reuters) - Fund buying lifted COMEX gold back toward recent highs early Wednesday, with a mild setback in the dollar and worries about increasing chaos in Iraq feeding the move. Growing confidence that the U.S. economy has turned the corner failed to dampen gold sentiment. Many investors still distrusted paper assets like stocks and bonds and want safe-havens after Tuesday's bombing of the United Nations headquarters in Baghdad. Speculators were betting that economic ...

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