NY gold ends lower as funds sell, options expire

Newswire

NEW YORK, Sept 27 (Reuters) - NY gold futures ended lower on Tuesday after funds sold on dollar firmness and weak oil prices, with options expirations exacerbating volatility. Many players are positioned on the bullish side since gold's advance to 18-year highs last week. Hedge funds and other investors still look poised to buy on dips, traders said, but warned that with open interest hitting a record last week, funds are losing room to keep buying. December gold at the COMEX division of ...

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