NY gold firm as dollar wavers on durables report

Newswire

NEW YORK, May 25 (Reuters) - Gold futures firmed early Wednesday, but gyrated near three-month lows as the dollar seesawed on mixed U.S. durable goods orders data. New orders for long-lasting manufactured items -- from washing machines to aircraft -- climbed 1.9 percent in April, but fell 0.2 percent minus the volatile transportation category, the government said. The dollar initially rose on the data, pushing gold briefly into negative territory, because financial markets had expected a ...

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