COMEX gold opens higher, markets more sober on war

Newswire

NEW YORK, March 24 (Reuters) - COMEX gold rebounded Monday as investors reconsidered last week's giddiness about an easy start of war in Iraq as U.S.-led forces faced mounting resistance and casualties in the drive toward Baghdad. COMEX April gold returned above the important $330 psychological level after falling to a 3-1/2 month low on Friday as Wall Street and currency traders rejoiced that months of waiting for war was over and hoped that Saddam Hussein might have been killed early on. ...

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