NY gold down but above lows early as euro recovers


NEW YORK, Jan 20 (Reuters) - U.S. gold futures were down but above early lows Thursday morning after the euro bounced back a bit from the fresh two-month it fell to overnight, traders said. "We're down about $7.00 from the highs yesterday and we're seeing some short-covering here at the lows which is propping us back up," said one floor source. "We're moving up off the lows a bit because basically the euro came back 15 points and the ring was short," he added. By 10:15 a.m. EST (1515 ...

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