COMEX gold soft in early trade, 3-year highs in reach

Newswire

NEW YORK, Sept 25 (Reuters) - COMEX gold was easier early Wednesday as U.S. stock prices steadied above new lows, taking a breather tantalizingly close to stretching bullion's 2002 safe-haven rally to three-year highs. Stocks jumped in early trade, as the market consolidated Tuesday's plunge in the Dow Jones industrial average to a four-year low and the Nasdaq's swoon to its lowest since 1996. "It looks like yesterday's fund buying has dried up and there's no clear direction," said a ...

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