NY gold gains but stays below $450 as rollover in focus

Newswire

NEW YORK, Nov 24 (Reuters) - U.S. gold futures gained ground Wednesday on a soft dollar but held below $450 an ounce and its 16-1/4-year peak as dealers were busy with contract rollover before the four-day U.S. holiday weekend. By 10:11 a.m. EST (1511 GMT), December delivery gold on the New York Mercantile Exchange's COMEX division was up $1.10 at $449 an ounce, trading from $447 to $449.50 COMEX and NYMEX markets will be closed Thursday and Friday in observance of Thanksgiving Day. ...

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