NY gold up in early trade on month-end adjustments

Newswire

NEW YORK, Sept 28 (Reuters) - Gold rose in early New York futures trade on Thursday, reestablishing a trading range comfortably in the low $600s per ounce as traders took a more friendly attitude toward commodities before quarter end. There were offsetting flows as September draws to a close. Some producers sought to bolster balance sheets by selling gold stocks. But technicals and speculative short covering were constructive, dealers said. Oil prices continued to improve from a drop ...

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