COMEX gold holds firm early, silver off on GDP data

Newswire

NEW YORK, July 31 (Reuters) - COMEX gold futures rose Wednesday morning as the dollar took a tumble and equities slipped on weaker-than-expected U.S. growth in the second quarter. Gold remained sturdy as a safe-haven for investors as Wall Street retreated again today, with weak GDP data compounding economic jitters following Tuesday's report of ebbing consumer confidence, traders said. With rollover from the August futures contract into December now out of the way, the market was again ...

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