Early NY gold off in euro-focused trade, PGMs dive

Newswire

NEW YORK, May 29 (Reuters) - COMEX gold was pressured by profit-taking early on Thursday but was saved from a deeper pullback by the buoyancy of the euro, while a simultaneous plunge in platinum futures also met good buying in New York. "(Gold's) back following the euro pretty closely. For a few days last week we diverged quite a bit," said James Pogoda, a vice president of precious metals at Mitsubishi International Corp. June gold at 0928 EDT was down $2.20 at $363.00 an ounce, trading ...

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