NY gold finishes lower as oil and euro retreat

Newswire

NEW YORK, Oct 27 (Reuters) - COMEX gold futures drifted further away from $430-an-ounce resistance to end lower on Wednesday, as a drop in oil prices and a rising dollar triggered selling in hard assets like the precious metals. Silver, platinum and palladium prices also fell. Gold for December delivery at the New York Mercantile Exchange's COMEX division lost $2.00 to settle at $425.60 an ounce, after trading from $430.10 to $424.20. Estimated volume was 70,000 contracts. Recently ...

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