COMEX gold jumps near 7-month high before holiday

Newswire

NEW YORK, Aug 29 (Reuters) - The gold rally accelerated in a short COMEX session Friday, closing in on February's 6-1/2 year highs, as a weaker dollar kept the overseas money flowing in and traders confidently stuck with longs at month's end. Silver hit a one-month high before squaring pushed it lower, wearing away some of gold's winnings as trade wrapped up around midday. U.S. financial markets will be closed Monday for Labor Day and trading conditions were a bit irregular. "It started ...

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