UPDATE 5-Gold drifts lower in range trade, new peaks eyed

Newswire

(Updates with New York closing prices) By Atul Prakash LONDON, Jan 24 (Reuters) - Gold eased on Tuesday to hold about $10 an ounce below last week's 25-year high, but dealers saw potential for the metal to hit new peaks this week on worries about inflation and the geopolitical situation. Gold moved in a narrow range after volatile business in the previous sessions, with the market looking for fresh impetus to strike again, they said. "The dealers would like to have a little bit of ...

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