COMEX gold firms on trade buying after early drop

Newswire

NEW YORK, July 24 (Reuters) - On Thursday, COMEX gold prices came off the dramatic rise of a day earlier, but floor brokers said trade buyers came in on the dips and sent it back up to its latest 4-1/2 week high when the euro resumed its advance on the dollar. "There was good trade buying in here. the same buyer who was in here at $349.8 came in here to buy it at $356 and $357 on the dip. Gold's firm in here. It held on the dip on the profit-taking sell off," said one COMEX broker. "We ...

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