COMEX gold slips on long weekend profit-taking

Newswire

NEW YORK, Aug 30 (Reuters) - COMEX gold fell Friday after the latest round of U.S. economic data presented mixed, though slightly improving, growth prospects, and traders said some new long positions wanted to take their profits before going home for the long holiday weekend. "We dropped down based on the (stronger Chicago) PMI. So that gave us some weakness. But people expect the market to close firmer today given that it's the end of the month," said one COMEX floor broker. Another ...

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