NY gold advances in thin post-Christmas trade

Newswire

NEW YORK, Dec 27 (Reuters) - Gold futures in New York gained on Tuesday morning as a recovery from a one-month low last week paved the way for further gains above $500 an ounce heading into year-end, dealers said. February delivery gold at the New York Mercantile Exchange's COMEX division was up $5.00 or 1 percent at $510.20 an ounce by 10:13 a.m. EDT, moving between $505.30 and $510.80. Gold found a firmer footing after it held the key $490 support area last week and physical buying ...

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