COMEX gold teeters in narrow range ahead of US data

Newswire

NEW YORK, Oct 31 (Reuters) - COMEX gold prices seesawed within a narrow range in early Thursday business, with dollar weakness offering a lift, but mild strength in U.S. equity markets keeping a cap on any rise, gold traders said. A worse-than-expected third-quarter U.S. GDP report reinforced prospects of a Federal Reserve interest rate trimming when its policy-making committee meets next week. Equities pushed higher on the news, but only modestly so. U.S. growth was still nearly double ...

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