NY gold limps lower early in muted holiday trade

Newswire

NEW YORK, Dec 21 (Reuters) - U.S. gold futures drifted lower on Tuesday morning in lackluster trade as the dollar held firm during a holiday-shortened week, dealers said. Gold stuck to a recent $440 to $445 range, guided by a few market players who squared up positions in front of year-end. "The dollar is starting to recover just a touch and gold is a bit lower," said Frank Aburto at F.C. Stone. Gold often fades moves in the dollar as investors use it an alternative to the U.S. currency. ...

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