Early COMEX gold tumbles as euro stumbles

Newswire

NEW YORK, May 30 (Reuters) - COMEX gold took a rebounding dollar on the chin early Friday, diving 1.6 percent as liquidity dried up before the weekend, after a rally in the euro fizzled without logging a new high. August gold became the active contract on Friday, which also was first notice day for June. At 9:34 a.m. (GMT), August was down $6.10 at $364.60, erasing Thursday's $4.40 closing gain as a volatile week drew to a close. The day's range was $370.80 to $364.30, and futures seemed ...

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