COMEX gold ends down, profit-taking after new high

Newswire

NEW YORK, Sept 25 (Reuters) - COMEX gold ended a volative session lower on Thursday as hungry profit-takers ate into an earlier advance to fresh 7-1/2 year highs, traders said. "We got through resistance at February's highs and the rubber band just stretched a little too far," said Michael Dudas, precious metals and mining analyst at Bear Stearns. he added. "We had a pretty big reversal today." Traders said buyers had overextended their reach, leaving prices vulnerable to the ...

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