COMEX gold retreats, $400 toyed with, not tasted

Newswire

NEW YORK, Nov 17 (Reuters) - COMEX gold rose as close as it could to $400 an ounce without touching it Monday, before bulls lost patience and bailed out even as the threat of terrorism roiled Wall Street and reinforced gold's safe-haven status. Saturday's deadly bombings against two Jewish synagogues in Turkey helped lift December gold to $399.90 an ounce in electronic trade overnight. But profit taking kicked in on gold when the dollar soared against the yen after a statement Sunday, ...

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