NY gold down in early trade in year-end shakeout

Newswire

NEW YORK, Dec 21 (Reuters) - New York gold was lower early Wednesday on year-end profit taking, with liquidation in Tokyo markets souring the tone but hardly shaking the positive mood which took futures to 25-year highs last week. At the Tokyo Commodity Exchange, small investors were partly behind a more than 2 percent fall in yen-priced gold futures. But they took a cue from a sharp pullback at the COMEX division of the New York Mercantile Exchange on Tuesday, and in the long term the ...

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