Profit-taking dents COMEX gold, 7-yr high in sight

Newswire

NEW YORK, Oct 23 (Reuters) - COMEX gold on Thursday stretched its recovery to within $7 of September's seven-year high before bulls used a moment of steadiness in the dollar as an excuse to pocket some winnings on this week's bullion rally. The dollar's fall to a 13-day low against the euro overnight made gold cheaper for European buyers and helped lift benchmark December gold to $388.10 an ounce, its highest level since Sept. 30 and 10 cents better than Wednesday's 22-day high. December ...

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