Iraq rumors, lower terror risk hit early NY gold

Newswire

NEW YORK, Feb 27 (Reuters) - COMEX gold fell in rumor-driven trade early Thursday, with news that the U.S. terror threat alert level will be lowered and an upbeat report on U.S. January durable goods also pressuring the safe-haven metal. Iraq said Thursday morning that it will respond to a United Nations order to destroy its al-Samoud missiles with the next two days to meet a Saturday deadline set by chief arms inspector Hans Blix. "There was a rumor that Saddam had agreed to destroy the ...

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