UPDATE 3-Profit-taking weakens NY gold before holiday

Newswire

(changes dateline, recasts with COMEX, bullion closing prices) NEW YORK, Nov 27 (Reuters) - COMEX gold slipped Wednesday on profit-taking as stock prices and the dollar rallied, but the yellow metal's movements were were minimized before a long holiday weekend. U.S. financial markets reacted enthusiastically to a raft of data showing the economy appeared to be emerging from a period of sluggish growth. But gold was subdued even though floor turnover looked quite heavy. Most traders and ...

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