COMEX gold run up continues, sellers apear at peak

Newswire

NEW YORK, Oct 29 (Reuters) - COMEX gold prices rallied at the open on Tuesday, propelled higher by weakness in both U.S. and European equity markets as well as a declining dollar. COMEX gold's early swift gains were helped by the upward momentum inspired by the buying in the previous two sessions, as the yellow metal climbed off last week's medium-term low at $309 an ounce on December gold. Brokers said Tuesday the rapid run up may have been a bit overdone and may need a slight ...

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