Overbought COMEX gold slips despite Dow plunge

Newswire

NEW YORK, Sept 27 (Reuters) - COMEX gold failed to hold gains on Friday, as buyers became scarce in lackluster trade even as Wall Street erased most of its recovery in recent days. The Dow Jones industrial stock average was down 2.97 percent in afternoon trade and the Nasdaq was off 0.85 percent, heading back toward the respective four and six year lows set early this week, while investors moved into safe havens like gold. December gold fell 60 cents to settle at $321.10 an ounce, ...

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