NY gold retreats, platinum bivouacs near 23-yr high

Newswire

NEW YORK, Aug 28 (Reuters) - New York gold futures edged off 3-month highs Thursday, cooled by profit taking in the run-up to a long weekend, growing confidence in the economy and nervousness over the epic bullish bet hanging over the COMEX. Gold felt pressure from the dollar's firmness against the euro after the government released a larger-than-expected upward revision to second-quarter U.S. gross domestic product to 3.1 percent from July's advance estimate of 2.4 percent. "Today is ...

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