Early NY gold capped by profit taking, firmer dlr

Newswire

NEW YORK, Dec 17 (Reuters) - COMEX gold was taking a breather early Wednesday from its rally to 5-1/2 year highs, with a firmer dollar and a down-tick in oil prices promoting profit taking before year-end holidays start next week. "It's much calmer than yesterday and very little business is occurring today," said a floor broker. "It looks like weakness in the euro might give us some weakness." COMEX February gold was swinging around unchanged and at 0917 EST was off 50 cents at $337.50 ...

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