Precious metals steady on US GDP data, China eyed


NEW YORK, April 29 (Reuters) - COMEX gold fell to a seven-month low early Thursday, then clambered to higher ground as the dollar fell on data showing the U.S. economy grew a bit slower with more inflation than expected in the first quarter. Silver also steadied, after extending Wednesday's rout to a new low on fears that a clampdown on bank lending in China will slow its economy and derail a metals boom. June gold was up 70 cents at $386.60 at 10:01 a.m. EDT. It traded between $388.10 ...

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