NY gold jumps as funds accumulate, new highs eyed


NEW YORK, Sept 28 (Reuters) - COMEX gold rose 1.5 percent on Wednesday, as commodity investors doubled up on bets that the precious metal was not done setting new highs. "A combination of some light dollar weakness, in tandem with some very strong energy markets, brought the funds back to gold and silver," said David Meger of Alaron Trading in Chicago. "It was pretty apparent that you were seeing buying into dips when you look at these markets over the last two days," he continued. ...

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