Gold struggles in early NY as quarter ends

Newswire

NEW YORK, Sept 30 (Reuters) - Gold was under pressure early Friday, with quarter-end squaring and easier oil prices helping cool it off in front of 18-year highs, but silver retained its shine in morning trade. The benchmark December gold contract at the COMEX division of the New York Mercantile Exchange, traded on either side of the breakeven level, and at 10:50 a.m. EDT (1450 GMT) was off 50 cents at $475.30 an ounce, having touched $477.80 and $473.90. At its high, gold was within ...

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