COMEX gold rises as confidence hits Dow, US dollar

Newswire

NEW YORK, July 30 (Reuters) - COMEX gold settled higher on Tuesday as mining company shares rose while the U.S. dollar and the stock market dipped after the release of weaker consumer confidence, traders said. "We did have a bit of a bounce and tested the $305 resistance level (basis August), but failed," said Leonard Kaplan, president of Prospector Asset Management. "Today was rather quiet on the floor of the exchange with most people continuing rollover from (the) August to December ...

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