NY gold up near 17-yr high in cautious early trade

Newswire

NEW YORK, Sept 21 (Reuters) - Gold futures rose to within sight of 17-year highs Wednesday morning on safe-haven buying, but gains were capped by scattered profit taking linked to technical factors and the Federal Reserve's latest interest rate hike, dealers and analysts said. By 10:29 a.m. EDT, December delivery gold on the New York Mercantile Exchange's COMEX division was up $2.50 at $472.50 an ounce, trading between $467.40 and $473.50. Prices hovered within range of Tuesday's ...

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