COMEX gold jumps on G7 call for flexible currencies


NEW YORK, Sept 22 (Reuters) - COMEX gold prices surged Monday morning to play catch-up with the higher levels established overnight, when traders interpreted a Group of Seven call for flexible exchange rates as a concerted effort to weaken the dollar, gold dealers said. "It's all currency related. There's nothing new for this latest spurt. We rallied on the news overnight. And even though we (gold) opened higher, it got sluggish right after that," said on COMEX floor broker. The ...

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