COMEX gold slips as Dow climbs, options eyed

Newswire

NEW YORK, Nov 20 (Reuters) - Higher stock prices pressured COMEX gold Wednesday, but selling was muted ahead of options expirations on Thursday and dealers are growing risk averse before the year-end holidays. The Dow Jones industrial average was up 142 points in afternoon trade, reducing the incentive to own hard assets like gold and erasing two days of losses on Wall Street as investors bet U.S. economic growth is perking up. "That's probably the main force -- upward movement in the ...

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