NY gold hits 2-week high, eyes dlr, Japan reserves

Newswire

NEW YORK, Jan 28 (Reuters) - COMEX gold prices shot to two-week highs on Wednesday, bolstered by a shaky U.S. dollar at midday and news overnight that Japan was considering the low weighting of its gold reserves, dealers and analysts said. Separate news that Norway's central bank sold 16 tonnes of gold briefly capped the metal's rise before it recovered and breached resistance on fund and speculative buying. "I think once gold got above last week's highs it started activating some buying ...

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