COMEX gold renews climb amid dismay over U.S. data

Newswire

NEW YORK, Sept 30 (Reuters) - COMEX gold rallied back toward last week's 7-year high on Tuesday, as displeasing economic data drove investors out of Wall Street stocks and the dollar, then cut gains as U.S. assets steadied. Surprisingly weak reports on Midwest manufacturing and U.S. consumer confidence knocked the greenback to its lowest level in almost 3 years against the yen and more than 3 months on the euro Tuesday, making dollar-priced bullion more affordable overseas and raising its ...

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