COMEX gold soars up at close on steep euro gains

Newswire

NEW YORK, July 23 (Reuters) - COMEX gold futures on Wednesday surged to highs not seen in over a month in heavy trading as gold buyers tracked the momentous gains in the euro, triggering a series of stop-loss buy orders, traders said. "It is being helped by the euro. A lot of people look at the euro for direction for gold these days. And, the dollar had a very difficult day today," said one gold trader. "Gold was due for a reversal at the low $340's (last week), but I didn't expect it to ...

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