Early COMEX gold in neutral as PGM squeeze continues

Newswire

NEW YORK, Aug 28 (Reuters) - COMEX gold was sluggish near break-even early Wednesday, waiting for morning options expirations in London, while palladium and platinum continued to shoot higher as speculators strong-armed the NYMEX. The 0930 EDT expiration of over-the-counter options kept early activity in check in New York, and the approach of the three-day U.S. Labor Day weekend was another reason for traders here to sit on their hands. COMEX December gold at 0937 EDT was off 10 cents at ...

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