COMEX gold lifts off lows on renewed equity sales

Newswire

NEW YORK, July 24 (Reuters) - COMEX gold futures recouped some of their early losses on Wednesday after sliding to three-month lows on fund selling. Once a technical rout had run its course, prices rebounded as attention returned to the fundamentals of plummeting share prices and a falling dollar, traders said. Benchmark August gold futures at the New York Mercantile Exchange were down $2.70 an ounce to $309.9, after sinking earlier to $306.70, its lowest point since April 26. Spot ...

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