Early NY gold weakens, platinum skids to 3-week low

Newswire

NEW YORK, April 28 (Reuters) - COMEX gold softened Monday morning as the U.S. dollar and equities steadied, while platinum prices extended last week's decline to hit a 3-week low, floor traders said. Gold pared early gains as Wall Street rose on news that U.S. consumers increased their spending in March at the fastest pace in three months, but the precious metal still hugged its week-old range in light trading. "We've reached resistance here for the moment and we're pretty much going ...

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