Gold off in thin early NY, shakes off Bombay blasts

Newswire

NEW YORK, Aug 25 (Reuters) - COMEX gold eased in thin trade early Monday, shaking off reflex safe-haven buying after twin deadly bomb blasts in Bombay shut down the gold trading district in India's main financial center. Dealers said a huge increase in the speculative long position reported by the CFTC late Friday startled COMEX into liquidating, given even thinner-than-usual August trade, with London markets closed for the last bank holiday of summer. December gold at around 0900 EDT ...

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