COMEX gold unwinds some gains as dollar steadies

Newswire

NEW YORK, Sept 23 (Reuters) - COMEX gold gave up some ground to profit-takers Tuesday morning and fell shy of Monday's seven-month highs as the dollar managed to find its footing against the yen, traders said. While gold prices were able to hang in their higher trading band, some speculative sellers came in to grab quick profits. Many participants fear their long gold positions may be precarious at current lofty prices and hefty levels of open interest. But brokers said funds continue to ...

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